RBI Raises Key Interest Rate to 5.50% with 25 Basis Point Hike
The Reserve Bank of India increased its key interest rate to 5.50%, marking a 25 basis point hike—the first in nearly four years. This move signals a shift to a calibrated tightening policy, suggesting possible future rate increases. Despite this, the RBI did not introduce any new liquidity measures, contrary to market expectations.
TOI Business·