Moneycontrol PRO

you are here: HomeNewsBusinessEconomyRBI ups repo, reverse repo by 50bps, CRR kept unchanged

SHOW NAMES

Trending Topics

business

RBI ups repo, reverse repo by 50bps, CRR kept unchanged

In a bid to clamp down resurgent inflation, the Reserve Bank of India, in its first monetary policy review of this financial year, raised repo and reverse repo rates by 50 basis points each. However, the CRR has been left unchanged at 6%.

first published: May 3, 2011 11:00 am

LATEST VIDEOS

A collection of the most-viewed Moneycontrol videos.

Watch and Follow our leading shows

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347