RBI's repo rate (the rate at which the central bank lends to commercial banks) was at 8.5% 10 years ago in FY12. It had since gradually reduced by 4.5% in the decade until FY22. But FY23 is seeing a reversal of that trend.
RBI's repo rate (the rate at which the central bank lends to commercial banks) was at 8.5% 10 years ago in FY12. It had since gradually reduced by 4.5% in the decade until FY22. But FY23 is seeing a reversal of that trend.
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