Business

India’s Central Bank Hikes Rates Amid Inflation Concerns

Updated 2026-10-07 04:55 UTC 1 source Neutral

The Reserve Bank of India (RBI) raised interest rates for the first time since 2023, citing growing inflation risks. Financial analysts expect further rate hikes in December.

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CNBC
HSBC and Goldman Sachs expect the RBI to raise interest rates in December as well.
2026-10-07 04:44 UTC
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