RBI likely to hold rates as inflation persists

Credit: IndiaTimes- Published on October 5, 2023
India's central bank, the Reserve Bank of India (RBI), is expected to keep its key interest rate unchanged at 6.5% for the fourth consecutive time, according to a Bloomberg survey. Inflation remains above the RBI's target range of 4%, and the RBI is likely to maintain a hawkish policy stance. The RBI may focus on liquidity...

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