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Tag: repo rate hike

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  • RBI hikes repo rate by 25 basis points to 6.25%

    RBI hikes repo rate by 25 basis points to 6.25%

    Following a cycle of rate cuts begun in January 2015, the RBI on Wednesday raised its key interest rate for the first time by 25 basis points to 6.25 per cent, a central bank announcement said.

    June 6, 2018