Reserve Bank of India Expected to Hold Rates on Sticky Food Inflation, Driven by Inflation Concerns
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#08f823ce ver:0.29

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, but lenders may raise interest rates on loans linked to MCLR. The RBI is focused on lowering inflation to its target of 4%, and the MPC's decisions are influenced by the strength of the economy and actions of other central banks. The MPC is expected to begin cutting rates in October. #RBI #inflation #monetarypolicy...

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