rbi hikes repo rate by 50 bps

The Reserve Financial institution of India (RBI) at this time elevated the repo charge, the speed at which industrial banks borrow from RBI, by 0.50 per cent, or 50 foundation factors. The central financial institution has additionally…

The Reserve Financial institution of India (RBI) on September 30 introduced that the inflation projection for FY23 stays unchanged at 6.7 per cent principally attributable to upside dangers to meals costs. Earlier, RBI Governor…