The RBI is likely to adopt a calibrated tightening approach after a 50 bps hike, responding to firm economic activity and rising inflation. A 25 bps increase to 5.50% could occur at the October meeting, driven by heightened price pressures and global rate changes.
Market Samachar is a news aggregator. This article was originally published by mint - markets. Tap the button above to read the full story on their site.