August 18, 2022 12:56 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Supreme Court asks Centre to take steps to lift AIFF ban | Congress slams Centre for Bilkis Bano rape convicts' release | Property of militant who killed Kashmiri Pandit in Shopian attached | Sexual harassment charge not attracted when woman wears 'sexually provocative dresses': Kerala court | Actor Jacqueline Fernandez now co-accused in Rs. 200-cr money laundering case
RBI hikes repo rate by 50 basis points RBI
Youtube grab

RBI hikes repo rate by 50 basis points

India Blooms News Service | @indiablooms | 08 Jun 2022, 10:23 am

New Delhi: The Reserve Bank of India on Wednesday announced the decision to hike  repo rate by 50 basis points to 4.90 percent.

At present the Repo Rate is 4.40 percent.

The central bank had hiked Repo Rate by 40 basis point last month.

RBI Governor Shaktikanta Das said: "The MPC voted unanimously to increase the policy repo rate by 50 bps to 4.90 percent."

Related Images
FOHMA addresses press conference 01 Jan 1970, 05:30 am
Related Videos
PM Modi on Union Budget 2022-2023 01 Feb 2022, 06:28 pm
IBNS Live Business Chat 30 Dec 2021, 05:53 pm