RBI rate hikes of 50 bps expected in next two policies: Kotak report

AI Summary

The Reserve Bank of India is expected to raise interest rates by a cumulative 50 basis points over its next two policy meetings, according to a Kotak report. The forecast implies continued monetary tightening in response to inflation and macroeconomic conditions.

New Delhi: The Reserve Bank of India is expected to deliver an additional 50 basis points (bps) of interest rate increases across its next two policy...