rbi speech, 2006-11-07
The Reserve Bank increased the repo rate by another 25 basis points to 7.25 per cent in its Mid-term Review (October 2006) while leaving the reverse repo rate unchanged at 6.00 per cent - there has, thus, been a cumulative increase of 150 basis points in the reverse repo rate and 125 basis points in the repo rate since the tightening began in October 2004.
Sentiment: rate_hike
Topic: mp_interest_rate