Axis Bank's Amitabh Chaudhry Assesses The Impact Of RBI's Repo Rate Hikes | RBI Monetary Policy

Reserve Bank of India Governor Shaktikanta Das announced that the RBI Monetary Policy Committee has raised repo rate by 35 basis point to 6.25% amid elevated inflation, geopolitical tensions, and fears of a global recession. While the FY23 inflation forecast is kept unchanged at 6.7% despite a minor upward revision to Q3FY23 & Q4FY23 forecasts, the GDP growth forecast for FY23 has been cut from 7.1% to 6.8% amid global headwinds.In an exclusive conversation with CNBC-TV18, Amitabh Chaudhry, Chief Executive Officer of Axis Bank, assesses the impact of repo rate hikes. Listen in.#RBI #reporatehikes #impactofreporatehikes #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday About CNBC-TV18: