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With inflation on mind, RBI hikes repo rate by 25 bps

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With inflation on mind, RBI hikes repo rate by 25 bps

Postby autoBOT » Fri Sep 20, 2013 12:30 pm

RBI Governor Raghuram Rajan, in his maiden policy review, however, eased liquidity though a reduction in the marginal standing facility rate, at which banks borrow from the central bank, by 0.75 per cent to 9.5 per cent.




Fri, 20 Sep 2013 06:42:23 GMT
Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm
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