Moneycontrol.com·2 min read·medium

RBI likely to hike rates for the first time since February 2023 in battle against inflation

RBI likely to hike rates for the first time since February 2023 in battle against inflation
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The Reserve Bank of India is expected to implement its first interest rate hike since February 2023. This move comes after a long period of stability in the monetary policy committee's stance.

Why it matters

Interest rate changes by the central bank significantly impact inflation, borrowing costs, and economic growth in India.

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