rbi credit policy, credit policy
rbi credit policy, hiked key policy rates by 25 basis points
RBI credit policy - Repo, reverse repo rates hiked by 25 bps
Amidst high food inflation, falling industry output and uncertain crude oil prices, the Reserve Bank of India hiked key policy rates by 25 basis points in its mid-quarterly review on Thursday
After much speculation, RBI’s credit policy has seen a hike in interest rates. Reserve Bank of India (RBI), the primary and central bank of India, took a shocking decision on Thursday and increased the country’s interest rates by almost 25 bps.The chief reasons for the interest rates to rise, as per experts, is because the inflation level in the country went up strongly during the previous month. Repurchase points were hiked to 6.75%
Tags: rbi credit policy, credit policy
Source - Economic Times
rbi credit policy, hiked key policy rates by 25 basis points
RBI credit policy - Repo, reverse repo rates hiked by 25 bps
Amidst high food inflation, falling industry output and uncertain crude oil prices, the Reserve Bank of India hiked key policy rates by 25 basis points in its mid-quarterly review on Thursday
After much speculation, RBI’s credit policy has seen a hike in interest rates. Reserve Bank of India (RBI), the primary and central bank of India, took a shocking decision on Thursday and increased the country’s interest rates by almost 25 bps.The chief reasons for the interest rates to rise, as per experts, is because the inflation level in the country went up strongly during the previous month. Repurchase points were hiked to 6.75%
Tags: rbi credit policy, credit policy
Source - Economic Times
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