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RBI Hikes Lending Rate To 6.25%, Fifth Hike In A Row

RBI Monetary Policy: RBI hikes repo rate to 6.25%
RBI Monetary Policy: RBI hikes repo rate to 6.25%
The Reserve Bank of India hiked its key lending rate by a more modest 35 basis points to 6.25 per cent, citing slowing inflation after three consecutive 50-bps (basis points) increases to manage price pressures that have remained persistently above the upper end of its target band.
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