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RBI cuts repo rate to four-year low by 50 basis points

RBI cuts repo rate to four-year low by 50 basis points

Sep 29, 2015, at 05:46 pm

Mumbai, Sept 29 (IBNS) The Reserve Bank of India has cut repo rate by 50 basic points to four-year low to 6.75 per cent in a bid to spur the economy which has been witnessing tardy credit growth, reports said.

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RBI cuts repo rate to four-year low by 50 basis points Tue, Sep 29 2015