RBI Raises Repo Rate to 5.50% Amid Global Uncertainty
The Reserve Bank of India increased the policy repo rate by 25 basis points to 5.50%, the first hike since February 2023. This decision comes amid global economic uncertainties fueled by geopolitical tensions, including the Iran war, which have destabilized markets. Despite these challenges, RBI highlighted that the Indian economy remains strong with broad-based momentum.
Economic Times·




