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RBI keeps repo rate unchanged
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Aaj Tak
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Air Date:
17 Sep 2012
Description:
The Reserve Bank of India's (RBI) mid-quarter monetary policy review has brought disappointment to home loan customers as the key policy repo rate has been kept unchanged at 8 per cent. The reduction in banks’ cash reserve ratio (CRR) by 0.25 per cent may benefit the industries, not the common man.
The Reserve Bank of India's (RBI) mid-quarter monetary policy review has brought disappointment to home loan customers as the key policy repo rate has been kept unchanged at 8 per cent. The reduction in banks’ cash reserve ratio (CRR) by 0.25 per cent may benefit the industries, not the common man.
Tags:
Reserve Bank of India
RBI
mid-quarter monetary policy review
key policy repo rate
banks’ cash reserve ratio
CRR
home loan rates
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