RBI Hikes Repo Rate by 50 Basis Points to 5.4%
The repo rate has been hiked by 50 basis points to 5.4% with immediate effect.
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Friday hiked the policy repo rate for the third time in a row on Friday. The repo rate has been hiked by 50 basis points to 5.4% with immediate effect.
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