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Raghuram Rajan surprises yet again, hikes repo rate by 0.25%

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  • Published On: January 28, 2014
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In an unexpected move, the Reserve Bank of India (RBI) hiked its repo rate, or its main lending rate, by 0.25 per cent to 8 per cent. Banks are expected to hike their lending rates after the RBI's surprise move. (Read more)
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