RBI announces bigger than expected rate cut of 50 basis points

Last updated: 29 September 2015

Fourth Bi-monthly Monetary Policy Statement, 2015-16 By Dr. Raghuram G. Rajan, Governor Part A: Monetary Policy Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: i. reduce the policy repo

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