Updated: December 7, 2022

RBI hikes repo rate by 35 basis points

December 7, 2022

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Mumbai: The Reserve Bank of India on Wednesday announced that the repo rate has been hiked by 35 basis points to 6.25 percent.

Addressing the nation, RBI Governor Shaktikanta Das said inflation is currently high across the world.

Das said the Indian economy remained resilient.

Statement by Shri Shaktikanta Das, RBI Governor – December 07, 2022 https://t.co/n8XlBguWt0

ReserveBankOfIndia (@RBI) December 7, 2022

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