RBI hikes repo rate by 25 bps to 5.5%

RBI hikes repo rate by 25 bps to 5.5%. The Reserve Bank of India raised the repo rate to 5.5%, marking a 25 bps hike amid persistent inflation concerns. The central bank delivered a hawkish guidance, signaling more tightening ahead. This move is expected to impact borrowing costs and weigh on equities, especially rate-sensitive sectors like Realty and FMCG.

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