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Daily Archives: December 1, 2015

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Key policy rates remain unchanged in the 5th bi-monthly monitory policy statement of RBI

Bank NewsBy Surendra NaikDecember 1, 2015

In the fifth bi-monthly monitory policy statement for 2015-16 (01.12.2015), RBI said that on the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to keep policy  repo rate under the liquidity adjustment facility (LAF)  unchanged at 6.75 percent.  The  cash reserve ratio (CRR) of scheduled banks unchanged at…

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