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

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.