Monetary policy: Will RBI follow other central banks? A case for 35-50 bps rate hike8 min read . Updated: 29 Sep 2022, 06:48 PM IST
- RBI has so far raised the policy repo rate by 140 basis points or 1.4%. At present, the repo rate stands at 5.4%. The rate hike trend has pushed banks to increase their deposits and lending rates since May due to rising borrowing costs.