{"id":61561,"date":"2022-12-08T11:44:47","date_gmt":"2022-12-08T06:14:47","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?page_id=61561"},"modified":"2022-12-08T11:44:48","modified_gmt":"2022-12-08T06:14:48","slug":"the-rbi-hikes-repo-rate-by-35-bps-to-6-25-projects-fy23-gdp-at-6-8-percentage","status":"publish","type":"page","link":"https:\/\/enterslice.com\/learning\/whitepapers\/the-rbi-hikes-repo-rate-by-35-bps-to-6-25-projects-fy23-gdp-at-6-8-percentage\/","title":{"rendered":"The RBI hikes Repo Rate by 35 bps to 6.25%; Projects FY23 GDP at 6.8%"},"content":{"rendered":"<p>On 7th December 2022, the Reserve Bank of India&rsquo;s (RBI&rsquo;s) Monetary Policy Committee issued a Press Release where the RBI raised the Repo Rate by 35 <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Basis&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;In finance, the &amp;quot;basis&amp;quot; is a term with several applications, including representing the difference between the spot price and the future contract price of an asset, which is vital in investment(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/basis\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>basis<\/a> points (bps) to 6.25% while also maintaining their stance on &ldquo;Withdrawal of Accommodation&rdquo; deemed effective immediately as announced by the Governor of RBI, Shaktikanta Das.<\/p>\n\n\n\n<p>Since August 2018, the RBI policy rate is currently at its highest. This is the fifth hike rate by the RBI for the particular financial year. Previously, the RBI has raised the repo rate by 40 bps through an off-cycle meeting held in Many and 50 bps in June, August and September.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 7th December 2022, the Reserve Bank of India&rsquo;s (RBI&rsquo;s) Monetary Policy Committee issued a Press Release where the RBI raised the Repo Rate by 35 <a class=\"glossaryLink\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Basis&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;In finance, the &amp;quot;basis&amp;quot; is a term with several applications, including representing the difference between the spot price and the future contract price of an asset, which is vital in investment(...)&lt;\/div&gt;\" href=\"https:\/\/enterslice.com\/learning\/terms\/basis\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>basis<\/a> points (bps) to 6.25% while also maintaining their stance on &ldquo;Withdrawal of Accommodation&rdquo; deemed effective immediately as announced by the Governor of RBI, Shaktikanta Das. Since August 2018, [&hellip;]<\/p>\n","protected":false},"author":61,"featured_media":61564,"parent":15144,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"download-newsletter.php","meta":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The RBI hikes Repo Rate by 35 bps to 6.25%; Projects FY23 GDP at 6.8% - Enterslice<\/title>\n<meta name=\"description\" content=\"RBI\u2019s Monetary Policy Committee issued a Press Release where the RBI raised the Repo Rate by 35 basis points (bps) to 6.25% while also maintaining their stance on \u201cWithdrawal of Accommodation\u201d.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/whitepapers\/the-rbi-hikes-repo-rate-by-35-bps-to-6-25-projects-fy23-gdp-at-6-8-percentage\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The RBI hikes Repo Rate by 35 bps to 6.25%; Projects FY23 GDP at 6.8% - Enterslice\" \/>\n<meta property=\"og:description\" content=\"RBI\u2019s Monetary Policy Committee issued a Press Release where the RBI raised the Repo Rate by 35 basis points (bps) to 6.25% while also maintaining their stance on \u201cWithdrawal of Accommodation\u201d.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/whitepapers\/the-rbi-hikes-repo-rate-by-35-bps-to-6-25-projects-fy23-gdp-at-6-8-percentage\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T06:14:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2022\/12\/RBI-hikes-Repo-Rate.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"920\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/61561"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=61561"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/61561\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/15144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/61564"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=61561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}