RBI Cuts Interest Rates By 50 Basis Points

ET NOW 2015-09-30

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RBI Governor - Raghuram Rajan cut interest rates by 50bps today. The repo rate now stands at 6.75%, the lowest level in the last four years. Finance Minister - Arun Jaitley said the rate cut will boost medium-term growth potential & assured that the government will live up to its commitment to meet its fiscal deficit targets. Listen in.
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