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Wednesday, April 13, 2022

RBI may hike repo rate by 25 bps in June: Report

With the Reserve Bank of India prioritising inflation over growth, the repo rate is likely to be hiked by at least 25 basis points in June, SBI's Ecowrap report said on Wednesday. In its monetary policy announced last week, the RBI had left the repo rate unchanged at 4 per cent.

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Loan-related complaints up 43% in FY24, says RBI report

Consumer complaints related to loans and advances rose 43%, representing 29% of the total grievances against RBI-regulated entities in FY24,...