indian central bank raise interest rates by 25 bps
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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Indian central bank raise interest rates by 25 bps

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Emiratesvoice, emirates voice Indian central bank raise interest rates by 25 bps

Mumbai - Xinhua

Indian central bank, Reserve Bank of India (RBI) Tuesday announced interest rate hike by 25 basis points to tame persistent inflation. Indian repo rate, at which banks borrow money from RBI, and reverse repo rate at which banks park money at RBI will be increased to 8.5 percent and 7.5 percent, respectively, following the 13th hike of interest rates since March 2010.

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indian central bank raise interest rates by 25 bps indian central bank raise interest rates by 25 bps

 



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indian central bank raise interest rates by 25 bps indian central bank raise interest rates by 25 bps

 



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