BusinessRBI Hikes Repo Rate to 5.5% After Four Years
The Reserve Bank of India raised the repo rate by 25 basis points to 5.5% from 5.25%, marking its first hike in four years. The RBI also shifted its policy stance from 'neutral' to 'calibrated tightening'. The repo rate is the interest rate at which RBI lends to commercial banks, influencing borrowing costs and liquidity in the financial system.
HT Business·



