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Here are the key takeaways from the RBI Monetary Policy Committee meet.
The RBI has increased the repo rate by 25 basis points to 6.50%. Four of six members of the Monetary Policy Committee voted for the hike.
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Here are the key takeaways from Governor Shaktikanta Das' speech.
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Appraisal methods of Indian banks have significantly improved and continue to be resilient, said RBI Governor Shaktikanta Das.
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RBI will issue guidelines covering sustainable finance and has proposed to extend UPI to inbound international travellers.
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These vending machines will be installed at public places such as railway stations, shopping malls, and marketplaces, Das said in his speech following the monetary policy committee meeting.
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The commentary has left economists divided over the future of the central bank's rate hike trajectory.
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