Repo rate increased by 25 basis points | RBI hikes repo rate
Number of View: 32Repo rate increased by 25 basis points | RBI hikes repo rate
The Reserve Bank of India (RBI) today raised its short-term lending and borrowing rates by 25 basis points. RBI has kept the cash reserve ratio unchanged at 6%.
RBI has retained GDP growth forecast for 2010-11 at 8.5%. It has lowered inflation target to 5.5% by fiscal end against 6% projected earlier.
Source: DNA
Posted by musicking on Nov 2 2010. Filed under Business news. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry
