India cenbank raises key policy rate by 50 basis points

Repo Rate: RBI increased the repo rate by 50 basis points, know how much impact it will have on your pocket

The Reserve Bank of India (RBI) has increased the repo rate (Repo Rate) within five months. To control inflation, the central bank has increased the repo rate four times since May this year. Today, the Reserve Bank announced a fourth increase in the repo rate and increased it by 50 basis points. Thus, after the month of August, the repo rate has increased by 0.50 percent in September as well.

India raises interest rate to 5.90% to tame inflation

India’s central bank has raised its key interest rate by 50 basis points to 5.90% – its fourth hike this year.

RBI hikes repo rate by 50 basis points to 5.9% to tame inflation

The Reserve Bank of India (RBI) on Friday hiked the repo rate by 50 basis points (BPS) to 5.90 per cent.

India raises interest rate to 5.90% to tame inflation

India’s central bank has raised its key interest rate to 5.90% and said developing economy were facing slowing growth, elevated food and energy prices, debt distress and currency depreciation

India raises interest rate to 5.90% to tame inflation

India’s central bank on Friday raised its key interest rate by 50 basis points to 5.90% in its fourth hike this year and said developing economies were facing challenges of slowing growth, elevated food and energy prices, debt distress and currency depreciation.Reserve Bank of India Governor Shaktikanta Das projected inflation at 6.7% in the current fiscal year which runs to next March. June was the sixth consecutive month with inflation above t…

India raises interest rate to 5.90% to tame inflation

India’s central bank on Friday raised its key interest rate by 50 basis points to 5.90% in its fourth hike this year and said developing economies were facing challenges of slowing growth, elevated food and energy prices, debt distress and currency depreciation.Reserve Bank of India Governor Shaktikanta Das projected inflation at 6.7% in the current fiscal year which runs to next March. June was the sixth consecutive month with inflation above t…