RBI to hold rates in August, expected to cut again later this year: Poll

Economists predict the Reserve Bank of India will maintain its repo rate at 5.50% in August, following a larger-than-expected cut in June. While subdued inflation allows for rate cuts, the strong economic growth of 7.4% provides the central bank room to pause.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *