RBI Governor Shaktikanta Das said on Monday that expectations of a central bank repo rate hike are a ‘no brainer’, adding that there will be some increase in repo rates at upcoming monetary policy meetings. In an interview with CNBC TV18, Das said he will not be able to specify the rate, although he added that it would not be correct to say that the rates will be raised to 5.15 percent, ie. to levels before covid.
