RBI policy

RBI Governor Shaktikanta Das (File photo) Business

RBI hikes benchmark lending rate by 50 bps to 5.40% to curb inflation; third consecutive rate hike

The Reserve Bank of India (RBI) on Friday raised the benchmark lending rate by 50 basis points to 5.40 per cent to tame inflation. With the latest hike, the repo rate or the

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Aug 05, 2022 05:30 IST 1 Min read
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