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Credit Policy: RBI raises policy rates, CRR by 25 bps

Posted on: April 20th 2010 in Market News.

In it annual credit policy review, the Reserve Bank of India raised the repo, reverse repo rates and the CRR by 25 basis points each. This is in line with street expectation, although a section of the market was expecting a 50 bps hike in the CRR. Markets have started witnessing a relief …

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