RBI Monetary Policy 2023 Live: Interest rates will be announced, loan EMI may increase

TV9 Bharatvarsh | Edited By: Neeraj Patel

Updated on:
Jan 01, 1970 | 5:30 AM

RBI Monetary Policy 2023 Live: Interest rates will be announced, loan EMI may increase

Rbi Governor Shaktikanta Das

Image Credit source: File Photo

RBI Monetary Policy 2023 Live Update: The biggest question is whether RBI will put a stop to the increase in interest rates or will it increase by 25 basis points? All eyes will be on RBI Governor Shaktikanta Das. In fact, today RBI will announce the last policy rate of the financial year. Many experts believe that the MPC chief may hike the policy rate by 25 basis points, while economists at SBI say that the central bank may put a pause on the interest rate hike given the low inflation trajectory . Let us tell you that in the year 2022, RBI has increased the repo rates by 2.25 percent. After which the repo rates have been 6.25 percent.