Home Business RBI rises repo rate by 25 basis points to 6.5%

RBI rises repo rate by 25 basis points to 6.5%

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Dhrumit Thakkar
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(G.N.S) Dt. 01 New Delhi 6 member monetary policy committee (MPC) of the Reserve Bank of India (RBI) has decided to increase the repo rate by 25 basis points to 6.5% due to inflation concerns. Repurchase rate or the repo rate is the rate at which the RBI lends money

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