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RBI rate hike: ICRA sees one more 25-bps hike, Axis MF expects up to 75 bps more

Source: Business Today

The RBI’s 25-bps repo rate hike to 5.50% has raised expectations of further monetary tightening as inflation risks remain elevated. While ICRA expects just one more 25-bps hike in December, Axis Mutual Fund sees scope for another 50-75 bps of increases in the near term.

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This digest is published with acknowledgment to Business Today. For the complete analysis, headnotes, and citations, please refer to the source.

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