RBI MPC meeting LIVE updates: MPC hikes repo rate by 25 basis points to 5.50%

🇮🇳 The Hindu (IN) —
RBI MPC meeting LIVE updates: MPC hikes repo rate by 25 basis points to 5.50%

AI Summary

The Reserve Bank of India raised its policy repo rate by 25 basis points to 5.50%, marking the start of a rate-hike cycle after nearly three and a half years. The move comes amid rising inflation pressures linked in the report to the continuing conflict in West Asia.

Rate hike after nearly three-and-a half years comes as inflation pressures rise due to the continuing West Asia conflict

World Conflict Politics Markets Reserve Bank of India repo rate interest rates inflation monetary policy West Asia conflict

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