News > State Bank Of India Says RBI May Raise Repo Rate In June
State Bank Of India Says RBI May Raise Repo Rate In June
BusinessWorld | 13/04/2022 10:43 PM | Click to read full article
With the RBI prioritizing inflation overgrowth, the repo rate will likely be hiked by at least 25 basis points in June.
The six-member monetary panel decided to remain accommodative while focusing on withdrawal of accommodation to ensure that inflation remains within the target going forward while supporting growth.