Reserve Bank Of India Hikes Benchmark Lending Rate By 35 Basis Points To 6.25%; Fifth Consecutive Rate Hike

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On December 7, Reserve Bank of India raised the benchmark lending rate by 35 basis points to 6.25 per cent. This is the fifth consecutive hike. There was a 40 basis points hike in May, 50 basis points hike each in June, August and September. Watch the video to know more.

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