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RBI hikes repo rate by 25 basis points to 6.50% amid inflation concerns

This was the first time since October 2013 that the central bank has hiked repo at two consecutive policy meetings

Topics
Monetary Policy  |  Rbi Policy 2018  |  Rbi Policy

BS Web Team | Agencies 



RBI, Reserve Bank of India

The Reserve Bank of India (RBI) increased its key repo rate by 25 basis points to a two-year high of 6.50 per cent on Wednesday, a move aimed at keeping inflation under check.

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First Published: Wed, August 01 2018. 14:55 IST

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