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monetary policy
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RBI hikes policy rate to 4.9%
The latest hike, which comes after an unscheduled 40 basis point hike in May, has taken the repo rate to 4.9%, the highest since February 2020, when it was at 5.15%.
Published on Jun 08, 2022 11:49 PM IST
RBI Monetary Policy: 4.9% repo rate, 6.7% projected inflation, and more numbers
RBI Monetary Policy Meet: Apart from increasing repo rate by 50 basis points to 4.9%, the RBI also said projected inflation for this fiscal year is 6.7% and projected real GDP growth stays at 7.2%.
Updated on Jun 08, 2022 02:29 PM IST
Inflation to hover around 6.7% for 2022/23, well above RBI's target band
RBI Monetary Policy Meet: Monetary Policy Committee hiked the policy repo rate by 50 basis points - a second hike in two months after May's off-cycle meeting increased the rate to 4.4 per cent.
Updated on Jun 08, 2022 11:04 AM IST
RBI likely to hike policy repo rate by 40-50 basis points, banks cautious
As many as seventeen of the 41 economists who participated in a Bloomberg poll expect the central bank's Monetary Policy Committee (MPC) to announce a rate hike of 50 basis points, while another 11 expect an increase of 40 basis points.
Updated on Jun 08, 2022 09:34 AM IST
Roshan Kishore, New Delhi
Card-less cash withdrawal to be made available at all ATMs: RBI
Under the card-less cash withdrawal facility, a customer is not required to use his/her debit or credit cards while withdrawing cash from ATMs.
Published on Apr 08, 2022 12:45 PM IST
ANI |
