RBI just did something unusual. đź‘€
It raised interest rates and upgraded India’s growth forecast at the same time.
RBI’s bigger concern right now isn’t slowing growth. It’s inflation, oil prices, the weakening rupee and money flowing out of Indian markets.
With the repo rate at 5.5% and inflation projected at 5.2%, the room is getting tight.
So we have broken down what does this mean for you in the reel, watch till the end.
#rbi #finance #money #interestrates #personalfinance