January 29, 2010 1:57 PM
RBI hikes CRR by 75 bps; repo rates untouched?
<br/>The Reserve Bank of India, in its Monetary Policy review, has hiked the Cash Reserve Ratio (CRR) by 75 basis points (bps) to 5.75 per cent. In the Third Quarter Review of Monetary Policy 2009-10 today in Mumbai, the central bank decided to keep the repo rate and reverse repo rate unch...