December 5, 2023

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RBI could announce another repo rate hike on April 6 to manage inflation

1 min read

The Reserve Bank of India is expected to announce a rate hike on April 6, following a review of its monetary policy. The central bank has raised the repo rate, the rate at which it lends to banks, by a cumulative 250 basis points since May 2022, and Thursday’s announcement could be the second hike of the calendar year.

2023-04-05 08:30:22

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