repo rate

RBI MPC expected to hike rates by 20-40 bps in June meet but inflation may not ease anytime soon | INTERVIEW

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[ad_1] With the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) beginning its three-day deliberations today, Jyoti Prakash Gadia, Managing Director at Resurgent India believes rate hike in the June meeting is a certainty. In an interview with Kshitij Bhargava of FinancialExpress.com, Gadia said that a 20-40 basis point rate hike can be expected …

RBI MPC expected to hike rates by 20-40 bps in June meet but inflation may not ease anytime soon | INTERVIEW Read More »

Rate hike not surprising, says FM Nirmala Sitharaman

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[ad_1] Finance minister Nirmala Sitharaman on Saturday asserted that the rising interest rate scenario is unlikely to derail the government’s plans for a record budgetary capex of Rs 7.5 trillion in FY23 to spur economic growth. The Goods and Services Tax (GST) Council, the minister said, is unlikely to consider rate rationalisation in its next …

Rate hike not surprising, says FM Nirmala Sitharaman Read More »

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