RBI to hold rates at 6.50% through mid-2024, cut seen in Q3: Poll

Despite inflation falling to a four-month low of 4.87% in October, it is expected to remain above the RBI#39;s 4% medium-term target for at least another two years. That is likely to keep the RBI from changing its hawkish bias anytime soon.

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​ Despite inflation falling to a four-month low of 4.87% in October, it is expected to remain above the RBI#39;s 4% medium-term target for at least another two years. That is likely to keep the RBI from changing its hawkish bias anytime soon. Despite inflation falling to a four-month low of 4.87% in October, it is expected to remain above the RBI#39;s 4% medium-term target for at least another two years. That is likely to keep the RBI from changing its hawkish bias anytime soon.  Moneycontrol Latest News Read More