Reserve Bank of India Expected to Hold Rates on Sticky Food Inflation, Driven by Inflation Concerns
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#08f823ce ver:0.3

The Reserve Bank of India is expected to hold rates due to sticky food inflation, with the repo rate likely to remain unchanged at 6.5%. This will provide relief to borrowers with loans linked to the external benchmark lending rate. However, interest rates on loans linked to the marginal cost of fund-based lending rate may increase. The RBI is focused on lowering inflation to its target of 4% and is expected to begin cutting rates in October. #RBI #inflation #interestrates...

#newstr #ReserveBankOfIndia #MonetaryPolicyCommittee #Inflation #RepoRate #FomcMeeting #UsFederalReserve #InterestRates 

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