RBI may hike rates in 2023, but bank deposit rates have peaked, say experts

“First, there is room for further rise as RBI is expected to increase rates once more in February. Second, while rates will go up, it will be selective across certain tenures and not across the board,” said Bank of Baroda chief economist Madan Sabnavis.

from Banking/Finance-Industry-Economic Times https://ift.tt/isMBJl0