PREVIOUS
✖
RBI raises repo rate
October 7 , 2022
781 days
709
0
- RBI raised the benchmark lending rate by 50 basis points to 5.90 per cent.
- The latest repo rate hike has come in a bid to curb inflation.
- The repo rate or the short-term lending rate at which banks borrow from the central bank is now close to 6 per cent.
Leave a Reply
Your Comment is awaiting moderation.