RBI hikes Repo rate by 25 BPS to 7.5%, Reverse Repo by 25 BPS to 6.5%

Mid-Quarter Monetary Policy Review: June 2011 Monetary Measures On the basis of the current macroeconomic assessment, it has been decided to: increase the repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.25 per cent to 7.5 per cent with immediate effect. Consequent to the above increase in the repo rate, the reverse repo rate under the LAF will stand automatically adjusted to 6.5 per cent and the marginal standing facility (M

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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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