https://www.taxtmi.com/news?id=25813 The Reserve Bank is expected to raise the policy repo rate to address persistent retail inflation near seven percent; the Monetary Policy Committee will weigh domestic inflation, exchange rate movements, global central bank actions, and commodity volatility in setting the hike. Commentators predict a relatively large increase to retain investor confidence and align with external tightening, and note that higher policy rates will transmit into bank lending rates while future moves will remain data dependent. en-us Mon, 26 Sep 2022 09:47:45 +0530 Mon, 26 Sep 2022 09:47:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25813 The Reserve Bank is expected to raise the policy repo rate to address persistent retail inflation near seven percent; the Monetary Policy Committee will weigh domestic inflation, exchange rate movements, global central bank actions, and commodity volatility in setting the hike. Commentators predict a relatively large increase to retain investor confidence and align with external tightening, and note that higher policy rates will transmit into bank lending rates while future moves will remain data dependent. News - Mon, 26 Sep 2022 09:47:45 +0530 https://www.taxtmi.com/news?id=25813