RBI hikes repo rate to 6.5%, projects GDP growth at 6.4% for FY24

Lagatar24 Desk   New Delhi, Feb 8: The Monetary Policy Committee (MPC) increased the key interest rate by 25 basis points, bringing the repo rate to 6.5 percent, RBI Governor Shaktikanta Das announced on Wednesday. The governor reported that four of the MPC’s six members voted in favour of the immediate hike. “Based on an … Continue reading RBI hikes repo rate to 6.5%, projects GDP growth at 6.4% for FY24