RBI likely to hold rates in August, maintain hawkish tone as inflation risks loom: Economists
The Reserve Bank of India will likely maintain its benchmark repo rate unchanged this August. Elevated inflation risks and the FCNR(B) deposit scheme closure influence this decision. The central bank will adopt a hawkish tone while monitoring monsoon progress and global factors. Most economists anticipate future rate hikes if inflationary…
The Economic Times ·
The Economic Times
