Monetary Policy Committee (MPC) Meeting
In News Recently ,The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) increased the policy repo rate by 50 basis points (bps) to 5.9% making loans expensive. This is RBI MPC’s fourth consecutive rate hike in this financial year. Major Points The MPC lowered the growth projection of FY23 from 7.2% to […]