RBI hikes CRR by 50 basis points to 8.75%. Repo rate also hiked by 50 basis points to 8.50% * Repo rate hike effective immediately * CRR hike to be implemented in two stages: to 8.5% from 5 July, and to 8.75% from 19 July

RBI hikes CRR by 50 basis points to 8.75%. Repo rate also hiked by 50 basis points to 8.50% * Repo rate hike effective immediately * CRR hike to be implemented in two stages: to 8.5% from 5 July, and to 8.75% from 19 July
Comment E-mail Print Share
First Published: Tue, Jun 24 2008. 08 43 PM IST
Updated: Tue, Jun 24 2008. 08 44 PM IST
Comment E-mail Print Share
First Published: Tue, Jun 24 2008. 08 43 PM IST
More Topics: Home |