When is the next repo rate hike..? how much..?

We have been seeing that the bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>reserve bank of india has been increasing the repo rate from time to time. Even recently 0.50% repo interest rate has gone up due to which bank borrowers are in a panic. But at the same time, the jackpot has been hit for those who have deposited in the banks. In this situation, when will the next repo interest rate hike be? When will interest rate hikes end? Let us now look at such information. The repo rate rose to 4.40 percent last May after the bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>reserve bank of india hiked the repo rate by 0.4 percent. Since then, the repo rate rose to 4.90 percent after a 0.5 percent hike last June. After this, the repo rate rose to 5.40 percent after raising by 0.5 percent for the third time in August.
In this situation, the repo rate has increased by 0.5 percent in the last two days and has increased to 5.90 percent. In this situation, the repo rate has increased by a total of 1.4 percent from May to september in the current financial year. What will be the next repo interest rate in this case? When will it be raised? The information has been leaked now. Sources in the bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>reserve bank of india are said to expect the next repo rate to be 0.35 percent. It is noteworthy that if this information is confirmed, the repo interest rate will increase from 5.90 percent to 6.25 percent. But at the same time, the repo interest rate will not be increased for a long time after december this year. It is to be noted that the bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>reserve bank of india has been raising the repo rate only when the Federal bank of America has raised the interest rate.Inflation is also expected to return below 6 percent if the repo rate hike is stopped after December. It is said that due to the huge impact of inflation in the past, there is a sluggish economic crisis and the central government will take drastic measures to correct this.As the Repo interest rate rises, High-interest rates for borrowers in banks keep going up. Due to this, various borrowers, including personal loans, are frustrated. But at the same time, it is noteworthy that the interest rate of the fixed deposit is increasing to hit the jackpot for the depositors.

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