Rbi To Consider More Rate Hikes In June Meeting: Report | Mint - Mint
5/11/2022 12:00:00 AM3 yearsago
by Reuters
by Reuters
In its first rate move in two years and its first hike in nearly four, the Reserve Bank of India (RBI) raised the repo rate by 40 basis points (bps) to 4.40% following a emergency meeting earlier this month.
India's central bank is likely to raise its inflation projection for the current fiscal year at its June monetary policy meeting and will consider more interest rate hikes, a source aware of the deve… [+3337 chars]
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