Categories: India

INSTANT VIEW-India raises policy rate by 25 bps in first hike in nearly four years

(Adds comments) Oct 7 (Reuters) – The Indian central bank raised its benchmark repo rate INREPO=ECI by 25 basis points to 5.5% on Wednesday, marking the first rise in nearly four years amid mounting

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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