RBI Monetary Policy : Repo rate hiked by 25 bps to 6.50%, inflation to stay above 4%, announces Governor Shaktikanta Das

RBI Hikes Repo Rate: The Reserve Bank of India on Wednesday hiked the repo rate by 25 basis points to 6.5%, Governor Shaktikanta Das announced the decision of the monetary policy committee which was passed by a majority of 4 members of 6 members. This was the first Monetary Policy