RBI Likely to Raise Repo Rate by 25 bps to 5.50% in October Policy, ET Poll Shows
The Reserve Bank of India is widely expected to deliver another 25 basis point increase in the repo rate at its October policy meeting, according to an Economic Times poll of economists. The anticipated move would lift the benchmark rate to 5.50% as the central bank confronts persistent inflation pressures driven by elevated crude oil prices and weaker agricultural output.
