Latest


RBI hikes repo rate by 35 bps

  •   Wed, Dec 07 2022 10:29:42 AM

Chennai, Dec 7 (IANS): The Reserve Bank of Indias (RBI) Monetary Policy Committee (MPC) on Wednesday increased the repo rate by 35 basis points (bps) to 6.25 per cent to contain inflation.

The repo rate, also called the policy rate, is the interest at which RBI lends money to the commercial banks.

RBI Governor Shaktikanta Das, heading the MPC, announced the rate hike.

 
  

Top Stories

'Galaxy Pride' offers budget-friendly flats in Bolar, ready to occupy by May first week

  •   1 hour ago   

Leave a Comment

Title: RBI hikes repo rate by 35 bps



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.

You might also like