Why RBI hiked repo rate after a gap of four years ...Middle East

Amid rising inflationary pressures in the economy, the Reserve Bank of India (RBI) on Wednesday hiked key repo rate by 40 basis points (bps) to 4.40 per cent. The move is expected to raise borrowing costs for corporates and individuals.

Hence then, the article about why rbi hiked repo rate after a gap of four years was published today ( Wednesday 04/05/2022 - 06:35 PM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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