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RBI leaves key rate unchanged, shifts focus to growth

The Reserve Bank of India on Tuesday left the key policy rate unchanged in its mid quarter (December 2012) monetary policy. With this status quo in the policy action, repo rate stood at 8% while reverse repo was at 7%. Cash reserve ratio (CRR) also remained at 4.25%.

December 18, 2012 / 19:19 IST
     
     
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    first published: Dec 18, 2012 11:02 am

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