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RBI Monetary Policy Committee Highlights: Reserve Bank Of India Raises Rates By 0.35% To 6.25%

RBI Monetary Policy: RBI raised its lending rate by a modest 35 basis points to 6.25 per cent.(File)
RBI Monetary Policy: RBI raised its lending rate by a modest 35 basis points to 6.25 per cent.(File)
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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