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The Reserve Bank of India (RBI) is set to announce its bi-monthly monetary policy decision on Wednesday at 10:00 AM IST (04:30 GMT), in a meeting where the central bank is expected to initiate an interest rate hike cycle after maintaining a status-quo so far this calendar year.
Delhi NCR [India], October 9: India's real estate sector remains cautiously optimistic after the Reserve Bank of India's 25-basis-point repo rate hike, with industry stakeholders expecting sustained housing activity despite potential headwinds from borrowing costs and affordability. While the policy adjustment could…
RBI Monetary Policy Meeting Highlights: The Monetary Policy Committee has raised the policy repo rate by 25 basis points to 5.50%. RBI Governor Sanjay Malhotra indicated that inflation pressures are increasing and rate cuts are not expected soon. The Indian economy continues to show resilience, with GDP growth…