scorecardresearchA hike and some more! BofA Securities sees RBI MPC raising repo rate by 40 bps in June & 35 bps in Aug

A hike and some more! BofA Securities sees RBI MPC raising repo rate by 40 bps in June & 35 bps in Aug

Updated: 06 Jun 2022, 02:01 PM IST
TL;DR.
As the RBI MPC meets for the June policy, Bank of America (BofA) Securities expects the RBI MPC to hike the policy repo rate by 40 bps in June and 35 bps in August on the back of inflation persisting beyond 6 percent.
As the RBI MPC meets for the June policy, Bank of America (BofA) Securities expects the RBI MPC to hike the policy repo rate by 40 bps in June and 35 bps in August on the back of inflation persisting beyond 6 percent.

As the RBI MPC meets for the June policy, Bank of America (BofA) Securities expects the RBI MPC to hike the policy repo rate by 40 bps in June and 35 bps in August on the back of inflation persisting beyond 6 percent.