RBI weighs in favour of sustainable economic growth, hikes rates to a 3-year-high of 5.9%, real estate industry reacts

New Delhi, October 4, 2022: RBI’s monetary policy committee (MPC), which determines interest rates, opted to raise the policy repo rate by 50 basis points to 5.9 per cent with immediate effect. This decision was taken after three days-long sessions that concluded on September 30. At the post-monetary policy press conference, the RBI governor said, […]

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