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RBI's repo rate hike part of synchronised event globally: Finance Minister
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], May 7 (ANI): Union Finance Minister Nirmala Sitharaman on Saturday said the recent decision of the Reserve Bank of India (RBI) to hike key policy interest rates is a part of the synchronised event by the central banks globally.
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RBI hikes repo rate by 0.40 per cent, cites inflation worries
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], May 4 (ANI): The Reserve Bank of India's Monetary Policy Committee in an unscheduled meeting on Wednesday unanimously decided to increase the policy repo rate by 40 basis points to 4.40 per cent with immediate effect citing inflation worries.
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RBI raises repo rate by 40 basis points to 4.40 pc with immediate effect
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], May 4 (ANI): In a surprise move, the Reserve Bank of India (RBI) on Wednesday increased the policy repo rate by 40 basis points to 4.40 per cent with immediate effect.
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