scorecardresearchRBI to raise rates in August but no consensus on size of hike, poll says

RBI to raise rates in August but no consensus on size of hike, poll says

Updated: 02 Aug 2022, 08:05 AM IST
TL;DR.
With inflation running at a near-decade high and the rupee trading near a record low, the RBI, which only began raising rates in May, is expected to front-load subsequent hikes to catch up with its global peers.
Mumbai, July 22 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das wears a facemask at the Bank of Baroda's Annual Banking Conference 2022, in Mumbai on Friday. (ANI Photo)

Mumbai, July 22 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das wears a facemask at the Bank of Baroda's Annual Banking Conference 2022, in Mumbai on Friday. (ANI Photo)