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Shares of rate sensitives' exhibited a mixed trend after the RBI governor, Shaktikanta Das, on Wednesday raised the repo rate by 35 basis points on expected lines. The decision was taken with a 5:1 majority.
Also read: Rate sensitive shares trade mixed as RBI hikes repo rate by 35 bps to 6.25%
The Central Bank, RBI, however, lowered its GDP growth forecast for FY23 to 6.8 per cent from 7 per cent earlier. With today's rate hike, RBI has so far increased interest rates by 225 bps (basis points) from May this year. For LIVE policy
Also read: Rate sensitive shares trade mixed as RBI hikes repo rate by 35 bps to 6.25%
The Central Bank, RBI, however, lowered its GDP growth forecast for FY23 to 6.8 per cent from 7 per cent earlier. With today's rate hike, RBI has so far increased interest rates by 225 bps (basis points) from May this year. For LIVE policy
