Why RBI hiked India’s repo rate by 50 basis points? Explained

Updated: 07 Aug 2022, 01:04 PM IST
livemint

RBI-led Monetary Policy Committee (MPC) has… MoreThe RBI-led Monetary Policy Committee (MPC) has increased the policy repo rate by 50 basis points, taking the lending rate to 5.40%. Following the decision of the policy meeting, the repo rate is above the pre-pandemic level of 5.15%, the highest since 2019. Watch the video to find out more.