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RBI raises repo rate to 4.40% in a surprise move; first since May 2020 | Inflation | Oneindia News
Video Credit: Oneindia
Published on May 4, 2022 - Duration: 01:31s
RBI raises repo rate to 4.40% in a surprise move; first since May 2020 | Inflation | Oneindia News
In a surprise move today, the RBI increased its repurchase rate to 4.40%, from the record low of 4%.
In an online briefing, RBI Governor Shaktikanta Das said that constant inflation pressures are becoming more acute.
#RBI #ShaktikantaDas #RBIRepoRate
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