Top Headlines: 35-50 bps rate hike by MPC; advance tax mop-up rises 17%

The RBI's Monetary Policy Committee (MPC) is likely to lift the policy repo rate by 35-50 basis points (bps) on September 30, according to a Business Standard poll

The Reserve Bank of India’s (RBI’s) Monetary Policy Committee (MPC) is likely to lift the policy repo rate by 35-50 basis points (bps) on September 30, according to a Business Standard poll. The advance tax collection, both corporation and personal, has grown 10.1 year-on-year to Rs 1,92,600 crore in the second quarter of FY23. Read more on these in our top headlines.

RBI policy: MPC may raise repo rate 35-50 bps, shows Business Standard poll

The Reserve Bank of India’s (RBI’s) Monetary Policy Committee (MPC) is likely to lift the policy repo rate by 35-50 basis points (bps) on September