RBI Repo Rate Hike: RBI hikes repo rate by 50 bps to 5.9%; pegs GDP growth at 7% for FY23
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NEW DELHI: The Reserve Bank of India (RBI) on Friday raised benchmark lending rates for the 4th straight time in a row, in a bid to tame the soaring inflation. The monetary policy committee (MPC), comprising of three members from the RBI and three external members, raised the key lending rate or the repo rate […]

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