RBI to hike repo rate by 25 bps in February, ending tightening cycle: Reuters poll
The Reserve Bank of India is expected to raise its main interest rate by a modest 25 basis points to 6.50% at its meeting one week after New Delhi's Feb. 1 budget, before leaving it at that level for the rest of the year, a Reuters poll of economists found.
A man walks past the logo of Reserve Bank of India (RBI) inside its headquarters in Mumbai, India, August 5, 2022. Pic: Reuters