RBI MPC: Repo Rate Hiked By 35 bps To 6.25%; FY23 GDP Forecast Lowered To 6.8%, Inflation Outlook…
In the consecutive fifth hike this year, the RBI’s Monetary Policy Committee on Wednesday raised the repo rate by 35 basis points (bps) to 6.25 per cent with immediate effect, making loans expensive. The policy rate is now at the highest…