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RBI's stance on low growth will weigh in inflation: Gokarn

The central bank today did the expected leaving key policy rates unchanged. The RBI left the repo rate at the existing 8% and cash reserve ratio (CRR) at 4.75% but threw in a surprise, cutting the statutory liquidity ratio from 24% to 23% effective August 11.

first published: Jul 31, 2012 07:16 pm

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