Arun Jaitley Nudges RBI to Cut Rate to Boost Growth

New Delhi: Nudging the Reserve Bank of India (RBI) to cut interest rates to boost growth, Finance Minister Arun Jaitley has said he hopes the apex bank will take decision on interest rates after taking into account various factors. The RBI had maintained status quo on interest rate in its two credit policies announced after the formation of the new government in May. "I, on the same evening (June 3 and August 5), already issu...