Interest rate hike again..!? Important decision by RBI..!?
Interest rate hike again..!? Important decision by RBI..!?
RBI's 2-day monetary policy meeting has started today and it is expected to announce the decisions taken in this meeting on april 6. The US central bank, the Federal Reserve, raised the interest rate even as the country's regional banks went bankrupt, so the RBI will also raise its benchmark interest rate, the repo rate, by 0.25 percent. As expected, OPEC countries' decision to cut crude oil production on sunday has had a major impact on the market. Thus, the bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW">reserve bank of india is expected to raise the rate by 30 basis points or 0.30 percent at the end of its monetary policy meeting this time. To ensure growth, the RBI governor conducts a bi-monthly monetary policy meeting in which decisions are taken on controlling the country's financial circulation.
RBI's 2-day monetary policy meeting has started today and it is expected to announce the decisions taken in this meeting on april 6. The US central bank, the Federal Reserve, raised the interest rate even as the country's regional banks went bankrupt, so the RBI will also raise its benchmark interest rate, the repo rate, by 0.25 percent. As expected, OPEC countries' decision to cut crude oil production on sunday has had a major impact on the market. Thus, the bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW">reserve bank of india is expected to raise the rate by 30 basis points or 0.30 percent at the end of its monetary policy meeting this time. To ensure growth, the RBI governor conducts a bi-monthly monetary policy meeting in which decisions are taken on controlling the country's financial circulation.