RBI May Hike Repo Rate By 50 Bps In December: SBI Chairman CS Setty
The Reserve Bank of India (RBI) could increase the repo rate by another 50 basis points in December before pausing further hikes until March 31, 2027, State Bank of India (SBI) Chairman CS Setty said on Monday. Speaking at a media summit in Mumbai, Setty said higher interest rates would gradually influence borrowing patterns, particularly in sectors dependent on discretionary spending. His…
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