RBI Monetary Policy: Repo rate hiked 50 basis points, GDP growth estimate unchanged at 7.2%

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• 05 August, 2022 |
• 10:31 AM

This is the third hike in a row by the MPC, taking total hike to 140 basis points or 1.40% since May 2022. The rate hikes are in response to surging inflationary pressures.