MPC voted 4-2 to raise the Repo rate by 25 basis points to 6.5% with immediate effect. Get the latest news and updates on MPC and find out what investors should do.
RBI Policy Update – February 2023
In its first meeting of CY23, the MPC voted 4-2 to raise the Repo rate by 25 basis points to 6.5% with immediate effect. This was widely expected. However, two external members voting against the rate hike this time as against one last time. This possibly suggests growing resistance to more hikes.
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