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RBI retains inflation projection for FY23 at 6.7%

The RBI on Friday retained inflation forecast for FY23 at 6.7 per cent amid uncertain price trajectory on "geopolitical shocks" and on hope that inflationary pressures would ease with pick-up in......

Indian economy is an island of macroeconomic, financial stability: RBI Governor

Reserve Bank of India Governor Shaktikanta Das on Friday said the country's economy is an island of stability despite two Black Swan events and multiple shocks. Photograph: ANI Photo "In an ocean......

With latest RBI hike interest rate is back at pre-pandemic level

The Reserve Bank on Friday raised the key interest rate by 50 basis points, the third straight increase since May in an effort to cool stubbornly high inflation and defend the rupee. The......

At a glance: What RBI's latest monetary policy says

Following are the highlights of the RBI's fourth monetary policy review of fiscal year 2022-23 announced by Governor Shaktikanta Das: Key short-term lending rate (repo) raised by 50 basis......

RBI may raise interest rate on Friday

The Reserve Bank of India's rate-setting panel on Wednesday began its three-day deliberations on the next bi-monthly monetary policy amid expectations of at least a 35-basis-point hike in the......

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