BUSINESSBusiness Today · 9 hours agoLive
RBI rate hike: ICRA sees one more 25-bps hike, Axis MF expects up to 75 bps more
Reported by Business Today, not nibnow. We are not the publisher of this story, only the source is.
WHY IT MATTERS
Further RBI rate hikes could raise borrowing costs for consumers and businesses, affecting loans, investments and market sentiment.
WHAT HAPPENED
The RBI’s 25-bps repo rate hike to 5.50% has raised expectations of further monetary tightening as inflation risks remain elevated. While ICRA expects just one more 25-bps hike in December, Axis Mutual Fund sees scope for another 50-75 bps of increases in the near term.
KEY CONTEXT
The RBI sets India's repo rate, the key policy tool that influences interest rates across the economy, and changes are closely watched by investors and borrowers.
WHAT TO WATCH
- •RBI's upcoming policy decision in December
- •Inflation data releases that could shape the pace of tightening
- •Market reactions to any announced rate changes
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