The Economic Times

RBI unlikely to hike rates soon despite inflation risk, rate action only in Dec if needed: Icra's Aditi Nayar

The Reserve Bank of India is expected to hold off on interest rate hikes. Inflation risks are rising due to fuel prices and monsoon uncertainty. A rate increase is only likely by year-end if price pressures continue. The central bank will monitor for broader inflationary effects before acting. This cautious approach aims to balance economic growth and price stability.