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RBI cuts repo rate by 25 bps; no change in CRR, SLR

With retail inflation easing to a four-month low of 4.87 percent accompanied by a slowdown in industrial output to 2.1 percent, most economists and bankers were betting on a 25 bps rate cut. However, forecast of a delayed monsoon remains a big overhang on the economy

first published: Jun 2, 2015 11:04 am

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