RBI shocks markets with lending rate hike before US Federal Reserve’s decision

[ad_1] India’s central bank raised its key interest rate and moved to drain liquidity from the banking system in a surprise move Wednesday, sending bonds and stocks crashing, as it […]

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RBI hikes repo rate to 4.0% in a surprise move, EMIs likely to go up

[ad_1] Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday announced that Monetary Policy Committee (MPC), in an unscheduled policy review with a view to contain inflation, voted unanimously […]

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