RBI POLICY MEASURES :
- CRR hiked by 75bps to 5.75% in two stages
- Reverse Repo, Repo Rate kept unchanged
- CRR hike of 75bps to impound 360 bln rupee from banks
- First stage of CRR hike to be 50bps effective Feb 13
- Second stage of CRR hike to be 25bps effective Feb 27
- FY10 GDP forecast raised to 7.5% vs 6% earlier
- FY10 inflation projection raised to 8.5% vs 6.5% earlier
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