RBI Monetary Policy: RBI hikes repo rate to 4.90%, inflation at 6.7, GDP growth forecast at 7.2% in FY23
RBI Monetary Policy: On Wednesday, 8 June 2022, the Reserve Bank of India (RBI) increased the repo rate by 50 basis points to 4.90% and this is the second time in five weeks the repo rate has been increased by 50 basis points. Whereas the Monetary Policy Committee (MPC) had hiked the repo rate by … Read more