20th October 2008

RBI Cuts REPO Rate by 100 BPS

posted in News |

The Reserve Bank of India, or RBI has cut the repo rate by 100 bps to 8% with immediate effect. This is the first repo cut since 2004.

This entry was posted on Monday, October 20th, 2008 at 2:40 am and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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