Financial Regulation International
Analysis of the RBI rate hike in June 2006
Vaidyanathan Venkateswaran, Senior Consultant (Vaidyanathan_v@infosys.com), and Alex Joseph, Consultant (alex_jospeh01@infosys.com) Infosys Technologies Limited
The RBI announced, after market hours on June 8 2006, that it has increased the Repo Rate and Reverse repo rates by 25 basis
points each with immediate effect.