HomeEnglish NewsTop News StoriesWill Shaktikanta Das Pause or Hike Repo Rate by 25 bps?

Will Shaktikanta Das Pause or Hike Repo Rate by 25 bps?

Published on


to 6.25 per cent, in order to control inflation. The repo rate is the interest rate at which the RBI lends to the commercial bank.

In the last monetary policy review in December 2022, the RBI MPC raised the repo rate by 35 basis points to 6.25 per cent.

However, after remaining above the Reserve Bank of India’s upper tolerance threshold of 6 per cent since January 2022, the retail inflation came under control for consecutive months — November 2022 and December 2022. The data from January 2023 is due for release later this weekend.

The retail inflation in November eased to 5.88 per cent and further in December to 5.72 per cent — its lowest level in one year.

Read all the Latest Business News here

Latest articles

US Girds for Drama as Historic Indictment Looms Over Donald Trump

New York police tightened security Monday ahead of a possible historic indictment of Donald...

Try These Ready – To

These frozen meals can be prepared quickly, offering a home-cooked taste in a matter...

Breaking News Live Updates – 21 March 2023: Read All News, as it Happens, Only on

Last Updated: March 21, 2023, 05:55 ISTMinute-by-minute news updates of happenings from around the...

How To Choose The Right Eye Wear? Find Out

It is essential that enough time is spent discussing these options with your eye...