Reserve Bank of India Governor Shaktikanta Das announced the bi-monthly monetary policy today. RBI MPC has announced a 35 basis point rate hike, taking repo rate to 6.25% amid elevated inflation, geopolitical tensions, and fears of a global recession. On September 30, the RBI had hiked the key policy rate (repo) by 50 basis points with an aim to check inflation. Bank Credit Grows Nearly 17% for Fortnight Ended November 18: RBI

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