RBI hikes repo rate by 25 bps to control inflation; real GDP growth at 6.4% for FY24 | Oneindia News

Video Credit: Oneindia

Published on February 8, 2023 - Duration: 02:46s

RBI hikes repo rate by 25 bps to control inflation; real GDP growth at 6.4% for FY24 | Oneindia News

Today, RBI Governor Shaktikanta Das announced that the Monetary Policy Committee (MPC) has decided to hike the key interest rate by 25 basis points, taking the repo rate to 6.5 per cent.

The governor said that four members of the six-member MPC voted for the increase with immediate effect.

#RBI #RepoRate #MPC

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