🏦🏦RBI RAISE INTEREST RATE BY 35 BASIS POINT 🏦🏦

The bimonthly monetary policy announced today, December 7, at 10 a.m., following the conclusion of the three-day MPC meeting. As inflation has begun to show signs of easing and economic growth is tapering, the Reserve Bank's rate-setting panel began brainstorming for the next round of monetary policy on December 5. This came amid moderate interest rate hike of 25-35 basis points (bps).
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