North India Statesman
In a pivotal turn for monetary policy and consumer borrowing costs, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) voted unanimously to raise the benchmark repo rate by 25 basis points to 5.50 percent. This decision marks the central bank’s first interest rate hike since February 2023, formally …
Read More »Home and Car EMIs Set to Rise: RBI Hikes Repo Rate to 5.50% in First Rate Increase Since February 2023
