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Friday, April 19, 2019

RBI governor cites weak investment demand as reason for 25bps rate cut

Reserve Bank of India (RBI) governor Shaktikanta Das cited weak investment demand and a lower-than-expected inflation trajectory to justify his vote in favour of a 25 basis point (bps) reduction in the repo rate to 6% at the April meeting of the monetary policy committee (MPC).

from The Financial ExpressBanking & Finance – The Financial Express


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