RBI raises repo rate by 50 bps to 5.4%, back at pre-pandemic levels
Updated: 05 Aug 2022, 10:34 AM IST
TL;DR.The Reserve Bank of India (RBI) raised the repo rate by 50 bps to5.40 percent on August 5 for the third consecutive time. Repo rate is now back to pre-pandemic levels, highest since August 2019.
RBI policy today