Ghanti Bajao: Reserve Bank hikes repo rate, may affect common man's pocket
ABP News Bureau | 01 Aug 2018 11:33 PM (IST)
The Reserve bank of India’s (RBI’s) monetary policy committee (MPC) on Wednesday raised repo rate by 25 basis points (bps) to 6.5% on account of inflationary pressures arising due to hikes in minimum support prices for the crop.