RBI Hikes Repo Rate, GDP Growth Estimate Lowered: Key Highlights Of RBI Monetary Policy | CNBC-TV18

RBI maintained its 6.7% inflation forecast for the current fiscal year ending March while saying that the battle against inflation is not over yet. The central bank lowered the growth expectation to 6.8% from 7% seen previously. Prior to today's hike, the RBI had raised rates by a total 190 basis points since its first unscheduled mid-meeting hike in May and expectations are there for at least two more rate hikes in the current cycle including the one.#RBIhikesreporates #RBI #FY23GDP #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday About CNBC-TV18: