RBI raises CRR, repo rate by 50 bps to rein in inflation

Banking Bureau
Posted: Wednesday, Jun 25, 2008 at 2330 hrs IST
Updated: Wednesday, Jun 25, 2008 at 0102 hrs IST

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Mumbai, Jun 24: overall aggregate demand on an economy-wide basis is warranted to ensure that generalised instability does not develop and erodes the hard-earned gains in terms of both outcomes of and positive sentiments on India's growth momentum,” RBI said....

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