RBI retains GDP growth forecast

IICCI
Aug 6, 2022
1 min read

The monetary policy committee of Reserve Bank of India (RBI) today decided to increase repo rate, the main lending rates to banks, by 50 basis points to 5.4% with immediate effect. The central bank also retained its GDP growth outlook for this fiscal.

https://www.livemint.com/news/india/rbi-monetary-policy-repo-rate-hiked-now-above-pre-covid-levels-11659670673743.html

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