RBI raises policy rates 25 bps to tame inflation as India hurdles growth barriers
The Reserve Bank of India has unanimously decided to increase the benchmark repo rate by 25 basis points. This decision was made amid rising inflation projections and increasing US bond yields. The bank also revised its economic growth forecast for FY27 to 7.…
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The Reserve Bank of India has unanimously decided to increase the benchmark repo rate by 25 basis points. This decision was made amid rising inflation projections and increasing US bond yields. The bank also revised its economic growth forecast for FY27 to 7.…
Mumbai: Monetary policymakers at the Reserve Bank of India (RBI), as widely expected, unanimously voted Wednesday to raise the benchmark repo rate by 25 basis points to 5.50% amid higher inflation pr…
Originally published by The Times of India. Read the full article →
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