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The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on September 30, 2022 increased policy repo rate by 50 basis points (bps) to 5.9% making loans expensive. Read more about what monetary policy is and how these rate hikes impact our economy here - https://www.kotaksecurities.com/blog/what-is-monetary-policy-about/ Source: RBI, Kotak Securities Research Desk #RBI #RepoRate #MPC #RateHike #MonetaryPolicyCommittee #RBIratehike | Kotak Securities
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