India's central bank has raised interest rates for the 12th time in 18 months to try to curb inflation.
The Reserve Bank of India raised the policy lending rate, called the repo rate, by 25 basis points to 8.25%.
India has been struggling to contain inflation which is at a 13-month high of 9.78%.
The Reserve Bank of India raised the policy lending rate, called the repo rate, by 25 basis points to 8.25%.
India has been struggling to contain inflation which is at a 13-month high of 9.78%.
