RBI Credit Policy, RBI, REPO Rate, Credit Policy, RBI Credit Policy June 2011, Loan Interests Hike | Hyderabad - YReach.com

Adding to dreaded inflation that has seen a sharp rise since the last fiscal, the RBI has raided benchmark rates by 25 basis points to 7.50 percent, and reverse repo rates by 25 bps to 6.50 per cent. This was apart from other hikes including Home Loan and Auto Loan rates. The mid-quarterly policy initiatives, the RBI said, are expected to contain inflation, which is currently over 9%, but it sounds more risky to handle. Retail lending rates are bound to follow the policy rates which means a higher EMI on their Home and Auto Loans...Read More>>>

RBI Credit Policy, Repo Rate, CRR, Reserve Bank Credit Policy, RBI Credit Policy 2011 - YReach.com

The RBI on Tuesday raised key interest rates by a larger-than-expected 50 basis points as it battles persistently high inflation It is about the ninth time since 25th March 2010 that a hike is seen from RBI in key policy rates with a hike of 175 basis points in repo rate and 225 basis points in reverse repo rate.

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