The repo rate, at which the central bank lends to banks, was raised to 5.4% from 4.9%. All other rates, including the penal Marginal Standing Facility rate, move up by an identical margin. The six-member Monetary Policy Committee (MPC) voted unanimously to raise the rate.
Q4 results this week: ITC, Sun Pharma, IndusInd Bank, IndiGo, BEL among 81 companies set to announce earnings
India Inc’s Q4 earnings season intensifies with 81 firms, including ITC, Sun Pharma, ONGC, and Hindalco, set to report this week, offering insights into sectoral