June 8, 2022
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6:15Now PlayingAs per the latest news coming on Mirror Now, it is being reported that the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday hiked the repo rate by 50 basis points (bps) to 4.90 per cent. Speaking on the inflation, Shaktikanta Das said that the inflation is likely to remain above 6 per cent in the first three-quarters of the current fiscal.
Last month, in an interview RBI Governor Shaktikanta Das had indicated that the central bank would continue to hike policy interest rates to bring down inflation but refused to say whether it will be raised to the pre-pandemic level.
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#monetarypolicy2022 #rbi #shaktikantadas
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