The Reserve Bank of India raised its key interest rate by 50 basis points on Wednesday, taking the repo rate to 4.9 per cent, and raised its inflation projection for the current fiscal to 6.7 per cent, well above the upper-end of its target range of 2-6 per cent.
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About NDTV: NDTV brings you unbiased and comprehensive coverage of news and entertainment programmes in India and abroad. NDTV delivers reliable information across all platforms: TV, Internet and Mobile.
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#RBIPolicy #RepoRate #Inflation
- Category
- Asia
- Tags
- NDTV 24x7, RBI Governor, Reserve Bank Of India
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