Jun 16, 2011

RBI INCREASES THE REPO RATE BY 25 BASIS POINTS

Reserve Bank of India has increased the repo rate by 25 basis points. RBI presenting the mid quarter monetary policy review on 16-06-2011 and increases the repo rate by 25 basis points. Now the repo rate is 7.5% for dealers as well as for banks.

Tags-rbi monetary policy,monetary policy,repo rate,current repo rate,increase in repo rate

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