11th
June
2008
RBI hiked Repo Rate by 25 BPS - No Change in Reverse Repo Rate
posted in News |
The Reserve Bank of India has hiked the repo rate by 25 bps to 8% from 7.75% previously to contain inflaiton concerns.There has been no change in reverse repo rate. RBI said it was essential to take measures on urgent basis.
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on Wednesday, June 11th, 2008 at 9:11 am and is filed under News.
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