RBI rate hikes of 50 bps expected in next two policies, terminal repo rate to reach 6.0%: Kotak report

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Asian News International India 1h

RBI rate hikes of 50 bps expected in next two policies, terminal repo rate to reach 6.0%: Kotak report

New Delhi [India], October 10 (ANI): The Reserve Bank of India is expected to deliver an additional 50 basis points (bps) of interest rate increases across its next two policy meetings, pushing the terminal repo rate to 6.0 per cent, according to a research report by Kotak Institutional Equities.Th»»»

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