The repo rate,

#NIFTY and #Bank nifty up date
On 7th Dec
The repo rate, the rate at which the central bank (RBI) lends money to commercial banks, has been raised by 35 basis points to 6.25 percent, from 5.9 percent earlier. Jayanth R Varma voted against the repo rate hike, while the rest MPC members were in favour of rate hike.

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