RBI likely to pause interest rate hike in April policy meet: SBI Research
New Delhi [India], March 27 (ANI): The Reserve Bank of India (RBI) is expected to pause their interest rate hike and the current 6.5 per cent repo rate could be the terminal rate for now, said SBI Research in its latest Ecowrap report.
The repo rate is the interest rate at which the RBI lends money to all commercial banks.
The next monetary policy meeting is scheduled for the first week of April 2023.
At the latest Moneta