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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
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Mumbai
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

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

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