business

India’s Central Bank Raises Repo Rate to 5.50%, First Increase Since 2023

Naturalnews.com
byChase Codewell
Friday, October 9, 2026 at 06:00 AM
India’s Central Bank Raises Repo Rate to 5.50%, First Increase Since 2023

The Reserve Bank of India (RBI) raised its benchmark policy repo rate by 25 basis points to 5.50% on Wednesday, the central bank’s first rate increase since February 2023. The six-member Monetary Policy Committee voted unanimously in favor of the increase, li…

The Reserve Bank of India (RBI) raised its benchmark policy repo rate by 25 basis points to 5.50% on Wednesday, the central bank's first rate increase since February 2023. The six-member Monetary Po… [+6342 chars]
Language

eng

Source

Naturalnews.com

Category

business

Added

12d ago