The Reserve Bank of India’s Monetary Policy Committee (MPC) meeting -- led by Governor Sanjay Malhotra -- on Wednesday announced to raise key policy rate by 25 basis-points (bps), taking it to 5.50 amid a challenging global environment.
New Delhi: The Reserve Bank of India (RBI) is anticipated to lower the repo rate by 25 basis points (bps) in its monetary policy announcement scheduled for February 7, according to a report from Bank of Baroda. The report indicated that inflation, the primary concern for monetary policy, is showing signs of moderation, prompting the.
