RBI policy | From Arjuna's 'eye' on inflation to lowering GDP forecast
RBI policy | From Arjuna's 'eye' on inflation to lowering GDP forecast
Last Updated : Dec 07 2022 | 9:24 PM IST
On December 7, the Reserve Bank of India announced a 35-basis-point increase in the repo rate to 6.25%. The RBI Monetary Policy Committee voted to raise the rate to bring elevated inflation back towards its target of 4%, governor Shaktikanta Das said.