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RBI Hikes Repo and Reverse Repo Rates

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Offline Sora

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RBI Hikes Repo and Reverse Repo Rates
« on: October 30, 2013, 12:10:43 AM »

RBI hikes repo and reverse repo rates by 25 bps. The marginal standing facility MSF also reduced by same amount. The new policy rates effective from 29th oct are

Bank rate : 8.75%
MSF : 8.75%
Repo Rate : 7.75%
Reverse Repo : 6.75%


Offline chacha

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Re: RBI Hikes Repo and Reverse Repo Rates
« Reply #1 on: November 01, 2013, 04:52:27 AM »
Good News! Good News!

The Dearness Allowance (DA) Rate has been increased from 88.95% to 96.15% of Basic Pay with effective from November13 salary... :-):-)

The Dearness Allowance (DA) Rate has been increased from 88.95% to 96.15% of Basic Pay with effective from November13 salary... :-):-)

 

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