MPC Hikes Repo Rate by 25 Basis Points to 5.50 percent

The Monetary Policy Committee (MPC) has increased the repo rate by 25 basis points to 5.50% as part of the Reserve Bank of India’s latest monetary policy decision. The move could lead to changes in borrowing costs across the economy, as policymakers continue to weigh inflation trends, economic growth and overall financial conditions.

Disclaimer: This video is taken from WION.