RBI by Raising Repo Rate by 25 Basis Points Seeks to Maintain an Interest Rate Environment That Moderates Inflation : FM.

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..... RBI by Raising Repo Rate by 25 Basis Points Seeks to Maintain an Interest Rate Environment That Moderates Inflation : FM.
News and Press Release
Dated:- 16-6-2011

Press Information Burea .....

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..... u Government of India Ministry of Finance 16-June-2011 14:20 IST RBI by Raising Repo Rate by 25 Basis Points Seeks to Maintain an Interest Rate Environment That Moderates Inflation : FM Union Fi .....

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..... nance Minister Shri Pranab Mukherjee has said that by announcing an increase of 25 basis points in repo rate, from the existing 7.25 per cent to 7.50 per cent, RBI has sought to maintain an interest r .....

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..... ate environment that moderates inflation and checks inflationary expectations. The Finance Minister was reacting to the Reserve Bank of India's Monetary Policy announcement made today. The Finance M .....

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..... inister Shri Mukherjee has stated that this was on expected lines, as the core inflation hardened to 8.71 per cent in May 2011 in comparison to 7.93 per cent in April 2011 . Shri Mukherjee stated that .....

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..... there was a need to have better price stability for sustaining growth in the medium-term. DSM/SS
News - Press release - PIB .....

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