How many basis points have been cut the key policy rate by the reserve bank of india?
Answers
Answered by
2
Borrowers who were hoping for respite from high interest rates will have to wait a little longer. In its bi-monthly monetary policy held on Wednesday, the Reserve Bank of India (RBI) hiked the repo rate by 25 basis points. With the announcement, the repo rate now stands at 6.25%.
Similar questions