RBI cuts policy rates by 0.25 percent.

TIMES NOW 2013-01-29

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Shedding its 9-month long hawkish monetary policy stance, the Reserve Bank of India (RBI) on Tuesday (January 29) slashed its key interest rates by 0.25 per cent and released Rs 18,000 crore additional liquidity into the system to perk up growth through reduced cost of borrowing.
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