RBI in a surprise move hikes repo rate by 25 basis points to 8 percent, keeps CRR unchanged at 4 percent

Last updated: 07 June 2021

On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: - increase the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.75 per cent to 8.0 per cent; and - keep the cash reserve ratio (CRR) of schedul

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