RBI has hiked the repo rate by 50 basis points to 8.50 per cent with immediate effect.


</p><tr><td><p class='TableClas'></p><P class='TableClas'> <DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The central bank has also hiked the cash reserve ration (CRR) by 50 basis points to 8.75 per cent in two stages.</P></p></table>


RBI hikes repo rate by 50 bps

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