December 27, 2024 10:36 pm (IST)
Repo Rate
Image Credit: RBI Twitter page video grab
Mumbai: The Reserve Bank of India on Wednesday announced that the repo rate has been hiked by 35 basis points to 6.25 percent.
Addressing the nation, RBI Governor Shaktikanta Das said inflation is currently high across the world.
Das said the Indian economy remained resilient.
Statement by Shri Shaktikanta Das, RBI Governor - December 07, 2022 https://t.co/n8XlBguWt0
— ReserveBankOfIndia (@RBI) December 7, 2022
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Tata Group plans 5 lakh jobs; Chairman N Chandrasekaran says gobal supply chains shifting in India's favour
Fri, Dec 27 2024
Air India narrows losses by 60% to Rs 4,444 cr in FY24; CEO Campbell Wilson highlights efficiency drive, merger milestones in 2024
Fri, Dec 27 2024
Musk addresses claims of job loss, cites shortage of top engineering talent in tech
Fri, Dec 27 2024
India may lower income tax for annual incomes up to Rs 15 lakh in Budget to boost middle-class spending
Fri, Dec 27 2024
Former Suzuki Motor Corporation chairman Osamu Suzuki dies at 94
Fri, Dec 27 2024
Rupee slips to 85.80 against US Dollar, poised for worst monthly decline in two years
Fri, Dec 27 2024
It is necessary for economic development: Zoho CEO reignites 70-hour work week debate
Fri, Dec 27 2024
RBI flags concerns over rising delinquency in unsecured lending, calls for stricter vigilance
Fri, Dec 27 2024
UltraTech Cement acquires 8.7% stake in Star Cement for Rs 851 crore
Fri, Dec 27 2024