RBI likely to hike repo rate by 25 bps on Oct 7

RBI likely to hike repo rate by 25 bps on Oct 7. Experts anticipate a 25 bps hike in the repo rate during the October 7 MPC meeting, driven by persistent inflation concerns. This could weigh on the Sensex and Nifty, particularly impacting rate-sensitive sectors like banking and realty. A rate hike may boost bank margins but could slow loan growth.

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