Indian Central Bank Hikes Rates for First Time in More than 3 Years

RBI raises FY27 growth forecast to 7.1%, sees inflation at 5.2%

The growth outlook, however, faces risks from prolonged geopolitical tensions, elevated international commodity prices, greater friction in global trade and tig

India’s central bank hikes rates for first time in more than 3 years

The benchmark repurchase rate moved up 25 basis points to 5.50% as the Middle East conflict fuels inflation and batters a weakened rupee.

India Raises Interest Rates By 25 Bps; Shifts Stance To Calibrated Tightening

The Reserve Bank of India raised its benchmark interest rates by 25 basis points and changed its monetary policy stance to calibrated tightening. The Monetary Policy Committee, governed by Sanjay Malhotra, unanimously decided to hike the policy repo rate to 5.50 percent from 5.25 percent. This was the first hike in nearly four years.

RBI raises repo rate as inflation risks strengthen

Update: The Reserve Bank of India on Wednesday raised its policy repo rate by 25 basis points to 5.50 per cent, beginning a rate-hike cycle as rising inflation risks, elevated

Indian central bank hikes rates for first time in more than 3 years

India's central bank hiked interest rates for the first time in more than three years on Wednesday as the Middle East conflict stokes inflation in Asia's third-largest economy and batters a weakened rupee.