As Inflation is increasing regularly there are indications from RBI to increase interest by 50 basic points 

India's retail Inflation rate increased to 7.0% in August from 6.71% in the earlier month

The Main reason for overall high inflation is high inflation in food.

There was a rise of 6.17 in Core CPI in the month of August. 

Shilan Shah Expects RBI to increase 25 basic points in the next two meetings upcoming in September 

According to experts, the average Inflation rate for the year 2022 is going to be around 6.7 percent.


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