Repo rate hiked again; RBI retains GDP growth forecast at 7.2% - Hindustan Times

RBI Monetary Policy: The real GDP growth for the current year has been retained at 7.2%, RBI governor Shaktikanta Das said. Inflation has been revised to 6.7% from 5.7% earlier for the current year.

The Reserve Bank of India on Wednesday increased the repo rate by 50 basis points to 4.90%. The current repo rate is 4.40% after the rates were increased by 40 basis points at an off-cycle meeting of… [+2292 chars]

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