The Reserve Bank of India’s Monetary Policy Committee (MPC) is likely to announce a repo rate hike of 35-50 basis points (bps) in its policy statement on August 5, a Business Standard poll showed. Meanwhile, the consensus earnings estimate for Nifty companies for the ongoing (FY23) and next financial (FY24) have seen minor downward revisions. Read more on these in our top headlines.
BS policy poll: RBI may push rates up by 30-50 bps, say economists
BS policy poll: RBI may push rates up by 30-50 bps, say economists
The Reserve Bank of India’s Monetary Policy Committee (MPC) is likely to announce a repo rate hike of 35-50 basis points (bps) in