Rate hike expectations in next MPC meet a no-brainer: RBI Guv Shaktikanta Das

policy interest rates

Reserve Bank of India Governor Shaktikanta Das has stated that the RBI
will carry on to hike the policy interest rates to bring inflation down. But
refused to comment on whether or not RBI would raise the inflation rate
to the pre-pandemic level.

RBI governor said in the interview “Expectation of a rate hike is a no brainer. There will be some increase in the repo rate. By how much, I will
not be able to tell now, but to say that (it will be hiked) to 5.15 percent
now will not be accurate,

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