RBI MPC Meet: Repo Rate Hiked By 50 bps to 5.40%; Third Hike In Financial Year 2022-23
The Indian Express
The Indian Express
  • 2 years ago
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Friday hiked the repo rate by 50 basis points (bps) to 5.40 percent with immediate effect, RBI Governor Shaktikanta Das announced. This is the third rate hike by the central bank in this financial year.
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