July 27, 2010 2:00 PM
RBI hikes short term lending rate by 0.25 percentage points
RBI has hiked short term lending or repo rate by 0.25 percentage points. It will be now 5.75 per cent. The short-term borrowing or reverse repo rate has been hiked by 0.50 percentage point to 4.50 per cent. The cash reserve ratio or CRR and bank rate have been kept unchanged at 6 per cent. The RBI a...