April 20, 2010 11:55 AM
RBI hikes repo, reverse repo rates, CRR by 25 bps
The RBI has hiked short-term lending and borrowing rates and the portion of money banks deposit with it by 25 basis points each. The move has been taken to control the inflation spiral without choking growth.<br/> <br/>The apex bank hiked its repo rate i.e short term lending rate...