Economy

RBI Governor Shaktikanta Das (File photo) Business

RBI hikes repo rate by 50 basis points in a bid to check inflation; fourth consecutive rate hike

The Reserve Bank of India (RBI) on Friday raised the benchmark lending rate by 50 basis points to 5.90 per cent in a bid to check inflation, which has remained above its tolerance

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Sep 30, 2022 05:30 IST 1 Min read
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