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Daily Archives: June 7, 2017

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RBI keeps Repo rate, CRR, Bank rate …unchanged,

Bank NewsBy Surendra NaikJune 7, 2017

June 7, 2017- The Reserve Bank of India on Wednesday in its second Bi-Monthly Statement for 2017-18, kept the key policy rates unchanged. With the above monetary policy decision of the apex bank, the repo rate (the rate at which banks borrow funds from the RBI) stays at 6.25 per cent. Further, the Monetary Policy…

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