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Des Ki Baat: EMI May Get Expensive, RBI Hikes Repo Rate

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Des Ki Baat - May 4, 2022: Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday made a surprise announcement of hiking repo rates by 40 basis points to 4.40 per cent. He cited rising inflation, geo-political tensions and spiralling commodity prices as the main reason behind the move, which was decided in an off-cycle meeting of the monetary policy committee held between May 2-4.

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#DesKiBaat #RepoRate #RBI #EMI
Category
Asia
Tags
NDTV 24x7, News, Politics
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