- Confederation of Indian Industry (CII) encouraged RBI to take into account slowing rate increases from their previous 50 basis point rate (bps).
- The corporate sector has begun to experience negative effects from the RBI’s rate increases of 190 bps this fiscal year, according to CII.
- To control inflation, RBI may decide to increase key interest rates by an extra 25 to 35 basis points, it was stated.
