Bank of America (BofA) Securities expects the Reserve Bank of India (RBI) to keep key interest rates unchanged in the next two monetary policy reviews, with a possibility of hikes from December. It said the repo rate could increase by 50 basis points.
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Bank of America (BofA) Securities expects the Reserve Bank of India (RBI) to keep key interest rates unchanged in the next two monetary policy reviews, with a possibility of hikes from December. It said the repo rate could increase by 50 basis points.