RBI Hikes Repo Rate By 50 Bps To 4.90% Citing Inflation Concerns

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Wednesday raised the repo rate by 50 basis points to 4.9 percent (bps).<br /> <br /><br />#rbi #reservebankofindia #shaktikantadas #economy #indianews #india #finance<br />