RBI Hikes Repo Rate By 40bps To 4.40% | CRR Raised By 50 Bps | ET Now News | Market Update |
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The Reserve Bank of India has raised India's repo rate by 40 basis points to 4.40% and has raised the CRR by 50 basis points. Governor Shaktikanta Das also spoke about the growing inflation and the slowing down of global economic recovery. Keep watching to know more! #RBI #RepoRateHiked #ETNow
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