scorecardresearchRBI hikes repo rate to pre-pandemic level; here's what top experts have to say

RBI hikes repo rate to pre-pandemic level; here's what top experts have to say

Updated: 05 Aug 2022, 12:40 PM IST
TL;DR.
  • Analysts mostly found the rate hike on expected lines while they highlighted that more rate hikes are coming since the inflation remains above the tolerance band of the RBI.
RBI also retained the real GDP growth projection for FY23 at 7.2% while the central bank projected FY23 CPI inflation at 6.7%.

RBI also retained the real GDP growth projection for FY23 at 7.2% while the central bank projected FY23 CPI inflation at 6.7%.