RBI Unlikely to Lower Rates in October, Predicts SBI; Bond Yields in Focus
Summary The Reserve Bank of India (RBI) is widely expected to maintain its key policy interest rates in the upcoming monetary policy review, reflecting a cautious stance amid persistent inflationary pressures and evolving domestic and global economic conditions. Since February 2023, the RBI’s Monetary Policy Committee (MPC) has held the repo rate steady at 6.50%, […]
