Mumbai, Jan 25 (IANS) India’s central bank hiked the short-term lending and borrowing rates by 25 basis points each to tame inflation. The repurchase rate now stands at 6.5 percent, while the reverse repurchase rate has been raised to 5.5 percent.
Mumbai, Jan 25 (IANS) India’s central bank hiked the short-term lending and borrowing rates by 25 basis points each to tame inflation. The repurchase rate now stands at 6.5 percent, while the reverse repurchase rate has been raised to 5.5 percent.
