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.
Dr. Doom sounds the alarm! Marc Faber warns Indian investors to exit before it’s too late
A veteran market commentator, Faber earned his moniker after repeatedly warning about the 1987 stock market crash, which eventually came to pass. Since the 1970s,
March 13, 2025