• SENSEX
    NIFTY 50
Economy

Reserve Bank of India to hike again by year-end with August still in play: Reuters poll

Updated : June 19, 2018 10:44 AM IST

The Reserve Bank of India (RBI) is expected to raise interest rates again in the final three months of this year, according to a Reuters poll of economists.
Accelerating inflation and India retaining top spot as the fastest-growing major economy prompted the RBI to lift the repo rate by 25 basis points to 6.25 percent at the June 4-6 meeting.
The latest poll, taken in the past week, showed 43 of 56 economists forecasting the RBI's repo rate at 6.50 percent or higher in the quarter ending December.
Reserve Bank of India to hike again by year-end with August still in play: Reuters poll
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV