RBI Hikes Repo Rate To 6.5%, Real GDP Growth Estimated At 7% In 2022-23 | RBI MPC Meet | CNBC-TV18

The Reserve Bank of India on Wednesday hiked the repo rate by 25 basis points to 6.5%, Governor Shaktikanta Das announced the decision of the monetary policy committee which was passed by a majority of 4 members of 6 members. This was the first Monetary Policy Statement of the year. In December 2022, the repo rate was raised by 0.35 percentage points to 6.25%. There was no change in the reverse repo rate of 3.35%.#rbimonetarypolicy #rbiratehikes #shaktikantadas #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday About CNBC-TV18: