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RBI hikes key lending rate by 50 basis points

RBI hikes key lending rate by 50 basis points

Aug 05, 2022, at 03:52 pm

Mumbai: Reserve Bank of India Governor Shaktikanta Das on Friday announced the bank's decision to hike the key lending rate by 50 basis points to 5.4 percent with immediate effect.

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RBI hikes key lending rate by 50 basis points Fri, Aug 05 2022