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Growth Woes: RBI administers 5th rate cut; maintains accommodative stance

Growth Woes: RBI administers 5th rate cut; maintains accommodative stance

🕔13:18, 4.Oct 2019

Mumbai, Oct 4  Sticking to “accommodative stance”, the Reserve Bank on Friday reduced its key lending rates to boost consumption and reverse the slowdown that has plagued India’s economic growth. Taking the note of the continued slowdown, the apex bank,

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‘SBI will cut interest rate based on evolving circumstances’

‘SBI will cut interest rate based on evolving circumstances’

🕔14:07, 4.Mar 2015

Mumbai, March 4  India’s largest mortgage lender State Bank of India (SBI) would decide on reducing its interest rates on the basis of emerging circumstances, a top official said Wednesday. Welcoming the Reserve Bank of India (RBI) decision to cut

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