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RBI’s Second Quarter Review of Monetary Policy

RBI’s second quarter review of Monetary Policy: A big hit on the Realty Sector? RBI released its second quarter review of monetary policy on 2nd Nov 2010. Most of the changes announced were in line with the market expectations. Both the Repo rate and reverse rate were hiked by 25 basis points, raising repo rate to 6.25 %, and reverse repo rate to 5.25 %. The CRR rate was left unchanged. The changes were introduced with