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.
Mumbai, June 16 : Continuing its efforts to check price rise, the Reserve Bank today raised key short-term lending and borrowing rates by 25 basis points for the 10th time since March, 2010, a move
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