Sensex crashes over 700 points, Nifty declines 220 points after RBI keeps repo rate unchanged
Business | February 08, 2024 13:14 ISTThe RBI announced its decision to keep the repo rate unchanged for the sixth consecutive time at 6.50 per cent.
The RBI announced its decision to keep the repo rate unchanged for the sixth consecutive time at 6.50 per cent.
The monetary policy committe led by Shaktikanta Das has kept the repo rates unchanged at 6.50 per cent.
The RBI has kept the repo rate steady at 6.50 per cent over the past year, last raising it in February 2023 from 6.25 per cent.
The RBI on Wednesday hikes the key repo rate by 35 basis points. The rise in repo rate is the fifth straight increase since May.
New Delhi: The Reserve Bank of India on Friday said the elevated level of retail inflation is worrisome and leaves no room for complacency, while wholesale price inflation will be higher than initially anticipated for
Top News
Latest News
