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29/01/2013
RATE OF INTEREST ON CREDIT GOES DOWN BY 25 BPS
The Reserve Bank of India (RBI) slashed its policy (repo) rate by 25 bps to 7.75% in its third quarter monetary policy. At the same time, it cut the cash reserve ratio (CRR) or the portion of deposits banks keep with RBI, by 25 bps to 4.00%.
29/01/2013
RATE OF INTEREST ON CREDIT GOES DOWN BY 25 BPS
Sensex sheds over 200 pts; rupee at 52.55/USD
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