January 16, 2025

RBI hikes repo rate by 50 bps to 5.9%

Mumbai, Sep 30: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Friday hiked a 50 basis points (bps) policy rate to 5.90 per cent with immediate effect amid rising concerns over surging inflation, global headwinds and a slump

Source: India News, India Breaking News, Latest news headlines in India – Oneindia News

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