RBI Governor Raghuram Rajan Announces Credit Policy, Cuts Repo Rate By 25 Bps

ET NOW 2015-06-03

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As widely expected - RBI has cut rates for the 3rd time this year. But the cautious tone has taken everybody by surprise. Growth projections are also revised down by a notch. Listen in to the RBI Governor himself announce the credit policy statement in which he has cut the Repo rate by 25 bps.
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