RBI MPC: Repo Rate Hike Likely By 25 Basis Points

The Reserve Bank of India's Monetary Policy Committee is expected to consider a 25-basis-point repo rate hike amid inflationary pressures and uncertainty arising from developments in West Asia. A hike would raise the repo rate from the current 5.25%. RBI Governor Sanjay Malhotra is scheduled to announce the MPC's decision at 10 AM tomorrow, after the meeting.