NewzA report issued by Kotak projects that the Reserve Bank of India (RBI) will implement two consecutive interest rate hikes of 50 basis points each. These anticipated adjustments are expected to bring the terminal repo rate to 6.0 percent.
The forecast highlights a tightening monetary policy trajectory for India's central bank. The anticipated rate increases reflect broader efforts to manage economic conditions through adjustments to the repo rate, which serves as a primary benchmark for lending and borrowing in the financial system.
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