FM Says Measures Taken by RBI are Desirable

Last updated: 03 July 2010


FM Says Measures Taken by RBI are Desirable Reserve Bank of India (RBI) has raised Repo and Reverse Repo rates by 25 basis points each to 5.50 percent and 4.0 percent respectively. At the same time, some liquidity management measures have been extended. These measures are expected to contai

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