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India’s central bank hikes rates for the first time since 2023 as inflation creeps up

07 Oct 2026, 04:38 UTC · 4 independent sources
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🚨 RBI HIKES KEY LENDING RATE BY 25 BPS TO 5.5% India’s central bank raised rates for the first time since February 2023. The move comes as inflation creeps up. HSBC and Goldman Sachs expect another RBI rate hike in December. Source: CNBC, moneycontrol.com #India #centralbank #rates #inflation

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