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RBI hikes repo rate by 35 basis points Repo Rate
Image Credit: RBI Twitter page video grab

RBI hikes repo rate by 35 basis points

India Blooms News Service | @indiablooms | 07 Dec 2022, 10:15 am

Mumbai: The Reserve Bank of India on Wednesday announced that the repo rate has been hiked by 35 basis points to 6.25 percent.

Addressing the nation, RBI Governor Shaktikanta Das said inflation is currently high across the world.

Das said the Indian economy remained resilient.