Thursday, 5 October 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 management to control inflation pressures, and bond traders will be watching for any signals regarding liquidity.
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The RBI's rate-setting committee kept the key lending rate steady at 6.50%. The central bank also maintained its policy stance of "withdrawal of accommodation"... IndiaTimes
RBI governor Shaktikanta Das has stated that interest rates are likely to remain high for the time being. The RBI has cumulatively raised the key policy rate by... IndiaTimes
Experts predict that the Reserve Bank of India (RBI) will maintain the benchmark interest rate at 6.5% in its upcoming monetary policy review. Factors such as... IndiaTimes
Thursday, 5 October 2023
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