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RBI Governor Shaktikanta Das led MPC may maintain pause on repo rate
RBI Governor Shaktikanta Das led MPC meeting to decide bi-monthly policy on Thursday.
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RBI raises repo rate by 25 bps to 6.5%
RBI now sees inflation averaging 6.5 per cent in the current 2022-23 financial year and at 5.3 per cent in 2023-24
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RBI raises repo rate by 35 bps
The RBI has raised the repo rate (the rate at which it lends commercial banks) in each of the policy meetings since May 2022
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RBI hikes repo rate by 50 bps to combat inflation
This is the fourth straight increase in the last five months, which saw the rates increase by 190 basis points
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EMIs to go costlier as RBI plans to hike repo rate by 35-50 Bps
For the unversed, this will be RBI’s third consecutive policy rate hike to check elevated retail inflation
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