Experts’ poll: RBI may hike rates by 0.25% in October policy amid inflationary pressures

The Reserve Bank of India (RBI) may increase interest rates by 0.25% in its upcoming October policy. This move is likely due to rising inflationary pressures in the country. If the RBI does hike rates, it would be the second increase this year, following a 0.25% rate hike in February 2023. This decision could have significant implications for the economy, particularly for borrowers and consumers.

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The RBI may hike rates by 0. 25% in October due to inflationary pressures.

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