RBI cuts Interest rate

598 views · Published 19 March 2013 · 1:59 · Indexed 26 October 2026

Channel: DD News · 2013 · News & Politics

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Reserve Bank of India on Tuesday cut its short-term lending rate, the repo rate, by 0.25 per cent to spur growth and revive investment but sounded a note of caution on further easing of rates on account of high food inflation and current account deficit.

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