India’s central bank hikes rates for the first time since 2023 as inflation risks build
HSBC and Goldman Sachs expect the RBI to raise interest rates in December as well.
Brief by WorldPing · Original reporting by CNBC World
In a notable move, the Reserve Bank of India has adjusted the repo rate, increasing it by 25 basis points to 5.50%.
This adjustment comes in response to stronger-than-anticipated economic growth alongside rising price pressures.
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India’s central bank hikes rates for the first time since 2023 as inflation risks build
RBI raises interest rates, hikes FY27 growth forecast by 40 bps and inflation by 20 bps
The original report was published by Times of India. WorldPing does not claim that reporting — this page summarises and contextualises it.
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HSBC and Goldman Sachs expect the RBI to raise interest rates in December as well.
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