RBI may hike rates by 75 bps: ANZ

RBI may hike rates by 75 bps here on, but India growth likely to hold up: ANZ Research’s Richard Yetsenga. ANZ Research expects the Reserve Bank of India to raise interest rates by 75 bps in upcoming meetings amid persistent inflationary pressures. Despite this, India's economic growth is projected to remain resilient, supported by strong domestic demand. A rate hike could impact borrowing costs and weigh on equity valuations across sectors.

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