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the MPC decided by a majority of four members out of six to increase the policy report rate by 25 basis points to 6.5 simple terms for the Ahmad meet is going to be a huge blow now because now the emis will get expensive and this has happened because of the rise in inflation the headline from The Reserve Bank this week was Reserve Bank has raised repo rates by 0.25 percent to six and a half percent so for the Ahmad me uh you know there is some pain towards the oil prices uh food articles are expensive and now even the homes are likely to get expensive now uh this has happened first time in over four years that we have seen a hike in interest rate coming in whats up people actually just saw since May 2022 The Reserve Bank of India has been constantly heightened the records with a total increase of 2.5 in the last 12 months now usually a hiding the repo rate is brought in as a measure to control inflation and ingly is seen to have multiple effects as a result the last year witnessed loa