RBI’s monetary policy committee meeting begins, interest rate hike expected
RBI’s monetary policy committee meeting begins, interest rate hike expected Reserve Bank of India: The three-day meeting of the Monetary Policy Committee (MPC), which decides the interest rate of the Reserve Bank of India (RBI), began on Monday. It is expected that in the first bi-monthly monetary review meeting of the current financial year, the […]
RBI Monetary Policy 2022: Repo rate increased for the fourth time in a row, today 0.50% increase, debt becomes expensive
Due to the ever-increasing inflation, the Reserve Bank has once again announced to increase the repo rate (RBI Repo Rate Hike) on Friday. This time the Reserve Bank of India has increased by 50 basis points or 0.50 per cent. This was announced by the Governor of Reserve Bank of India Shaktikanta Das. With this, […]