RBI likely to cut rates in December 6 policy review: Report

RBI Monetary Policy August 2017: Centre welcomes RBI decision to cut repo rate by 25 basis points

Minutes after the RBI cut the repo rate by 25 basis points, the government welcomed the move taken by the Monetary Policy Committee in its third Bi-Monthly Meeting this fiscal year. While responding to the RBI decision, Department of Economic Affairs secretary SC Garg said, “Government welcomes 25 basis points cut in the repo rate […]

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