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RBI MPC Meet Concludes Today - From Repo Rate Hike to GDP Projection; Here are 5 Key Takeaways

RBI is projecting Inflation in 2022-23 to stand at 6.5% and that will decrease further at 5.4 % in Q4 of this fiscal year.

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RBI repo rate hike: Best time to book your fixed deposits (FDs)?

RBI repo rate hike: Amit Gupta, MD, SAG Infotech said that it will be closely scrutinised to see how much the banks increase their FD rates after the policy rate hike in February

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Repo Rate Hiked By 25 bps To 6 5%, Announces RBI Governor Shaktikanta Das

The Reserve Bank of India (RBI) Governor Shaktikanta Das has announced that the monetary policy committee (MPC) has decided on a majority to hike the repo rate by 25 basis points to 6.5 per cent. aaa

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QR code-based coin vending machine: How it will work?

RBI will start a pilot project to launch QR code based coin vending machines, Shaktikanta Das said

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Status Quo or Last hike : What will be RBI s decision in the last monetary policy of FY23?

The rate hike cycle in FY23 began in May 2022, when RBI hiked the policy rate by 40 bps. This followed a 50 bps hike three times in a row between June to October policies, until RBI softened its rate hike to 35 bps in December 2022 policy.

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