Surprise Repo by RBI

RBI's unexpected move raised Repo rate by 40 base points to 4.4%.

Cash Reserve Ratio (CRR) raised by 50 base points to 4.5%.

Standing Deposit Facility (SDF) will be 4.15%.

Marginal Standing Facility (MSF) and Bank Rate will be 4.65%.

Consumer Price Index (CPI) will be 4%.