RBI hikes key lending rate by 50 bps to 5.4% to check inflation
New Delhi, 5/8: The Reserve Bank of India hiked the policy repo rate by 50 basis points to 5.4 per cent on Friday and revised its inflation forecast to 6.7% in 2022-23. RBI Governor Shaktikanta Das further announced that the real GDP growth projection for 2022-23 has been retained at 7.2 per cent…
