Announcement

Monday, July 5, 2010

Macroeconomic indicators - Hike in RR and RRR as per market expectations

According to Dr Swati Piramal president of ASSOCHAM, the Move of RBI to exit from the expansionary monetary policy in a measured manner by increasing Repo as well as Reverse Repo by 25 basis points has been as per market expectations to contain inflation as well as anchor inflationary

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