Will RBI hike repo rate to 6% by 2022-end? Analysts brainstorm
The RBI`s monetary policy committee (MPC) raised its repo rate by 50 basis points on Friday, the third increase in the current cycle, to cool stubbornly high inflation that has remained above its tolerance band for six straight months.
The RBI has hiked the repo rate by aggregate of 140 basis points since it started its rate hike cycle through an unscheduled meeting in May: Reuters