MPC meet: RBI hikes repo rate by 50 bps to 5.4% to tame inflation
The 3rd hike in a row pushes the key policy rate to the pre-pandemic levels; RBI's FY23 forecast on inflation and GDP remains unchanged at 6.7% and 7.2%, respectively
The 3rd hike in a row pushes the key policy rate to the pre-pandemic levels; RBI's FY23 forecast on inflation and GDP remains unchanged at 6.7% and 7.2%, respectively
RBI governor Shaktikanta Das says the real GDP growth is expected to rise to 16.2% in Q1 FY23; 6.2% in Q2; 4.1% in Q3; and 4% in Q4