RBI Hikes Repo Rate by 40 Basis Points to 4.40% With Immediate Effect, Home Loans Set to Get Costlier

The latest Tweet by PTI News states, 'RBI hikes benchmark interest rate by 40 bps to 4.40 pc in an unscheduled policy review with a view to contain inflation'

RBI (Pic Credit- PTI)

The Reserve Bank of India (RBI) on Wednesday hiked the benchmark interest rate by 40 bps to 4.40 per cent in an unscheduled policy review with a view to contain the rising inflation.

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