RBI chief Subbarao on inflation, growth - NewsX
NewsX
2019-03-01
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RBI expects inflation to be at 6.5 per cent by March 2013. The Reserve Bank of India has reduced the interest rates by 50 basis points. This cut was expected. It brings big relief for those who have home loans. It is going to have a major impact on inflation. The cash reserve ratio though remains unchanged at 4.75%.
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