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Bank lending rates rise after RBI’s 25-bps repo rate hike, with PNB, BoI, Indian Bank, BoB and IOB revising repo-linked ratesSeveral banks have raised their repo-linked lending rates within hours of the Reserve Bank of India’s 25-basis-point repo rate hike to 5.50 per cent, increasing borrowing cos…
Sensex and Nifty slide after RBI’s 25-bps hike, but past cycles show rate increases alone rarely determine the market’s long-term direction
RBI raises repo rate by 25 bps to 5.50% and shifts stance to calibrated tightening, while raising FY27 GDP forecast to 7.1% and CPI inflation forecast to 5.2%