RBI Governor Highlights: There are murmurs that Reserve Bank of India (RBI) Governor Shaktikanta Das is likely to announce change in key rates today (May 4) at 2 pm.
The RBI’s repo rate has been kept unchanged at 4 percent since May 2020. That’s the rate at which the central bank lends short-term funds to banks.Retail inflation in India jumped to a 17-month high of 6.95 percent in March from 6.07 percent in February, driven by high food prices. If inflation concerns