RBI INCREASES THE REPO RATE BY 25 BASIS POINTS

Tax Alert India
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Reserve Bank of India has increased the repo rate by 25 basis points. RBI presenting the mid quarter monetary policy review on 16-06-2011 and increases the repo rate by 25 basis points. Now the repo rate is 7.5% for dealers as well as for banks.
Tags-rbi monetary policy,monetary policy,repo rate,current repo rate,increase in repo rate
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