RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8%

RBI governor Shaktikanta Das emphasises concerns on core inflation, says overall price momentum high

RBI Governor Shaktikanta Das

On Wednesday, the Reserve Bank of India announced a 35-basis-point increase in the repo rate to 6.25 per cent. The RBI Monetary Policy Committee (MPC) voted to raise the rate

Also Read

Rupee fluctuations not a factor for MPC's consideration, says RBI

RBI raises repo rate by 50 bps to 3-year high; FY23 GDP forecast cut to 7%

67% of fall in forex reserves due to valuation changes: RBI governor Das

RBI monetary policy: Missing inflation mandate now a 'fait accompli'

Inflation seen staying above 4% in FY23, to average 5.2% in FY24: RBI

RBI set to raise rates today; outlook on growth, inflation in focus

RBI MPC meet LIVE: Inflation to remain higher than 4% target, says Das

Transactions in CBDC pilots gather pace, all minor glitches fixed swiftly

CBDC versus the rest: Can RBI's digital currency replace physical cash?

RBI Monetary Policy: Expect 35 bps repo rate hike tomorrow, say experts

First Published: Dec 07 2022 | 10:11 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to