RBI cuts rates by 25 basis points in a post budget surprise move

Last updated: 04 March 2015

Statement by Dr. Raghuram G Rajan, Governor, on Monetary Policy It may be recalled that in its statement on monetary policy of January 15, 2015 the Reserve Bank reduced the policy repo rate by 25 basis points and indicated that Key to further easing are data that confirm continuing disinflationar

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