Having cut its key lending rate by an aggressive 115 basis points (bps) in 2020, on top of 135 bps cuts in 2019, the RBI so far has had little success in spurring credit growth amid varying degrees of lockdowns across India.
from Top Business News- News18.com
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from Top Business News- News18.com
Read The Rest:timesnownews...
With Inflation Ticking Higher it May be Time for RBI's Monetary Policy Committee to Pause
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July 15, 2020
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