RBI to increase the interest rate for third time in financial year


RBI to increase the interest rate for third time in financial year

The Interest rates are expected to be increased by RBI today. This will be the third time that the interest rate will be increased by RBI in the present financial year. This has been done to lower the inflation from the above mark of the central bank starting since January. The meeting was started on Wednesday and it is expected that the RBI governor will announce the outcome at 10 am. 

 

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