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RBI Set To Hike Interest Rates For The Third Time In FY23 | Here’s What Experts Think!

RBI MPC Meet | The stage is set for the RBI to hike interest rates for the third time in this fiscal, RBI has hiked rates by 90 bps since May. Watch this quick round-up to know more about what’s expected!

RBI Set To Hike Interest Rates For The Third Time In FY23 | Here’s What Experts Think!

Well the rbi is expected to announce its interest rate decision tomorrow and uh the stage is set for a third interest rate hike by the central bank in the current fiscal street is expecting anywhere between 35 basis points 250 basis points this time around remember the central bank has already hiked interest rates by 90 basis points in the.

Current fiscal when it comes to inflation it is hovering around eight year highs of seven percent even though the governor has said that inflation may have peaked and it is also expected to retain its inflation forecast of 6.7 for the current fiscal when it comes to the real gdp growth well that is also expected the forecast for that is also.

Being expected uh to be retained at 7.2 percent so all in all street is expecting a rate hike of anywhere between 35 basis points to 50 basis points stay tuned to this space for more details on the rbi’s monetary policy well the rbi is expected to announce its interest rate decision tomorrow and the stage is set for a third interest rate.

Hike by the central bank in the current fiscal street is expecting anywhere between