April 20, 2010 9:36 PM
RBI announces 0.25 percent hike in short term borrowing, lending rates & CRR
The RBI has hiked short-term lending and borrowing rates and the portion of money banks deposit with it by 25 basis points each.<br/><br/>The repo rate i.e short term lending rate has been hiked to 5.25 percent while reverse repo rate i.e short time borrowing rate has been raised...