RESERVE BANK OF INDIA

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The rate hikes were effected by Reserve Bank of India (RBI) Governor D. Subbarao during the first quarterly review of the apex bank's monetary policy for this fiscal conducted at his headquarters in Mint Road here. ...

The Reserve Bank of India [RBI] increased its repo rate by 50 basis points to 8.00% from 7.50% and raised the reverse repo rate to 7.00% from 6.50% by the same margin; trouncing market expectations for a 25bp increase. ...

Reserve Bank of India (RBI) Governor D. Subbarao is again to announce the rate hikes when he conducts the first quarterly review of the monetary policy for this fiscal at his Mint Road headquarters here. ...


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