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India's Central Bank Hikes Repo Rate by 25 Bps

Source: youtube.com

Monetary PolicyInterest Rates & Yields
India's Central Bank Hikes Repo Rate by 25 Bps

The RBI raised interest rates for the first time in nearly four years, while Governor Sanjay Malhotra said further hikes are off the table in the near term given the current economic scenario. The recent tightening and dovish near-term guidance point in different directions; the article provides no rate magnitude or market reaction.

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