RBI raises policy rates; no hike in interest rates for now

Last updated: 05 July 2010


RBI raises policy rates; no hike in interest rates for now The Reserve Bank has raised key short-term policy rates by 25 basis points, in an unscheduled announcement, to tame doubled-digit inflation, but bankers said this wouldnt lead to any hike in interest rates for now. The increase
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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