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Bankers Expect RBI To Deliver It's 2nd Rate Hike In The RBI Policy | Latest News | The Urban Debate
Posted
June 7, 2022
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June 7, 2022
78
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6:26Now PlayingAccording to economists and financial market analysts, the RBI may raise the policy repo rate by 40 basis points now and then by 35 bps in August, bringing it to the pre-pandemic level of 5.15 percent, considering the increasing inflationary pressures. The Monetary Policy Committee of the RBI is meeting from June 6-8. The repo rate is the interest rate at which the RBI lends banks short-term funds. In a media interview recently, the RBI Governor Shaktikanta Das had said that a hike in June would be a "no-brainer". Will RBI Slash GDP target? Tune in to find out more!
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