RBI hikes repo rate by 50 bps to 5.9% to control inflation

Lagatar24 Desk   New Delhi, Sept 30: The Reserve Bank of India (RBI) increased the repo rate by 50 basis points (BPS) to 5.9% with immediate effect on Friday, marking the fourth consecutive increase. On September 28, the six-member Monetary Policy Committee (MPC) convened its three-day meeting to discuss the state of the economy. The … Continue reading RBI hikes repo rate by 50 bps to 5.9% to control inflation