Monetary Policy August 2022 – RBI goes for rate hike
The Monetary Policy Committee (MPC) of the Reserve Bank of India has decided to Increase the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points to 5.40 per cent with immediate effect and accordingly, the standing deposit facility (SDF) rate has been adjusted to 5.15 per cent and the marginal standing […]
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