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RBI likely to go for more interest rate hikes this year: Report

If the RBI increases the repo rate, banks will likely to hike interest rates against home loans, car loans and others. ....

Shaktikanta Das , Monetary Policy Committee , Reserve Bank , Rbi Repo Rate , Bi Repo Rate 2022 , Home Loan , Fixed Deposit ,

How will rate hike tame inflation? Explained | Business News – India TV

Treating inflation is like treating cancer! Therefore, it is important to remember that the war against price hikes can never be over. In such a scenario, it becomes prudent to take steps to check the rising prices of services and goods and also maintain a balance between the demand and supply chain. The Reserve Bank of India (RBI) in a surprising turn of events on Wednesday announced to hike the repo rate by 40 basis points to 4.40 per cent, the first hike since August 2018. The decision was ....

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