Monday, January 28, 2013

Latest Top News: RBI slashes repo rate, CRR to perk up growth

Latest Top News
Top news stories from Hindustan Times. Latest and Breaking news from India.
RBI slashes repo rate, CRR to perk up growth
Jan 29th 2013, 06:01

Shedding its 9-month long hawkish monetary policy stance, the Reserve Bank today slashed its key interest rates by 0.25% and released Rs. 18,000 crore additional liquidity into the system to perk up growth through reduced cost of borrowing.



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