Home / News / India News / Article /
RBI keeps key policy rate unchanged at 6.5 per cent as Inflation eases
Updated On: 08 June, 2023 11:02 AM IST | Mumbai | mid-day online correspondent
The rate increase cycle was paused in April after six consecutive rate hikes aggregating to 250 basis points since May 2022
Listen to this article :
Image used for representational purpose.
On Thursday, the Reserve Bank of India opted for a pause for the second time in a row, maintaining the key benchmark policy rate at 6.5 per cent as inflation moderates, reported PTI.
According to PTI, the rate increase cycle was paused in April after six consecutive rate hikes aggregating to 250 basis points since May 2022.
Trending Stories
Latest Photos
Latest Videos
Latest Web Stories
ADVERTISEMENT
Mid-Day Fast
ADVERTISEMENT
ADVERTISEMENT