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RBI policy: RBI hikes rate by 25 bps to 6.25%, but keeps neutral stance

RBI retained its GDP growth projection for 2018-19 at 7.4%

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Rbi Repo Rate  |  Urjit Patel  |  Interest Rates

BS Web Team  |  New Delhi 



Reserve Bank of India

RBI on Wednesday hiked the key rate for the first time in over four years -- by 0.25 per cent -- to curb inflationary pressure from high oil prices, a move which will translate into higher EMIs for home, auto and other loans.

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First Published: Wed, June 06 2018. 16:41 IST


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