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repo rate

RBI Keeps Repo Rate Unchanged at 6.5%

New Delhi: After the two-day review meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), its governor Shaktikanta Das announced that the repo would be kept unchanged at 6.5 per cent for the seventh consecutive…

RBI Hikes Repo Rate By 50 bps

New Delhi: In order to bring rising inflation back to normal, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) announced a 50 basis point (bps) increase in the repo rate to 5.90% on Friday. “Consequently, the standing…