RBI MPC Raises Repo Rate by 25 Basis Points After Four Years: What It Means for You
New Delhi, October 7 (Udaipur Kiran): The Reserve Bank of India (RBI) has increased the repo rate by 25 basis points in its latest Monetary Policy Committee (MPC) meeting. With the latest hike, the repo rate has increased from 5.25% to 5.50%. The rate hike means borrowing costs could increase in the coming days, while … Read more