Central Bank Raises Repo Rate By 50 Bps
New Delhi: The Reserve Bank of India’s (RBI’s) Monetary Policy Committee (MPC), headed by Governor Shaktikanta Das, on Friday announced a 50 basis point hike in the repo rate to 5.9 percent. The rates for the standing deposit facility (SDF) and the marginal standing facility (MSF) were also raised by 50 basis points to 5.65 percent […]


