BusinessRBI MPC Meeting on October 7 to Review Economy, Expected Rate Hike
The Reserve Bank of India will hold its Monetary Policy Committee meeting on October 7 to assess economic challenges. A 25 basis points interest rate hike is widely anticipated, reflecting global monetary tightening trends. The decision is influenced by inflation concerns and the economic effects of El Niño on India. Governor Sanjay Malhotra will deliver a live speech announcing the outcome.
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