RBI MPC 2023 latest: The central bank has proposed to hike the limit of UPI transactions in hospitals and educational institutions to Rs 5 lakh, says Governor Shaktikanta Das.
Although interest rates surged by more than 250 basis points last year as part of the RBI's aggressive stance to counter rising inflation, savings deposit rates have remained relatively static, in contrast to the considerable increase in borrowing rates.
RBI Monetory Policy 2023: The unchanged repo rate is a festive bonanza for homebuyers and gives them yet another opportunity to make cost-optimised home purchases.
RBI MPC meet live updates: Inflation continues to be the key villain in the story. Between the August policy review and now, nothing much has changed on this front. Two straight months of CPI inflation above the 6% upper band should worry Das & co