India Flash: RBI hikes repo rate for a second consecutive month to stem inflation
Published on Tuesday, October 29, 2013
India Flash: RBI hikes repo rate for a second consecutive month to stem inflation
In its ongoing bid to, “curb mounting inflationary pressures and manage inflation expectations in a situation of weak growth,” RBI announced a 2nd successive repo rate increase of 25 bps to 7.75%.
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131029_Flash_India_RBI_2nd_Qtr_Credit_Policy_tcm348-407303 English October 29, 2013
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