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The RBI hiked the repo rate by 50 bps this Wednesday, changing its policy stance to focus on withdrawal of accommodation while supporting growth. This is the second rate hike this year, coming after the off-cycle hike of 40 bps in May this year.
What does this mean for you? Listen to know more.
Speaker:
Vinay Joseph
Director & Head, Investment Products and Strategy
Standard Chartered
By Standard Chartered IndiaThe RBI hiked the repo rate by 50 bps this Wednesday, changing its policy stance to focus on withdrawal of accommodation while supporting growth. This is the second rate hike this year, coming after the off-cycle hike of 40 bps in May this year.
What does this mean for you? Listen to know more.
Speaker:
Vinay Joseph
Director & Head, Investment Products and Strategy
Standard Chartered