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RBI keeps repo rate unchanged, cuts CRR by 0.25 per cent
30 Oct 2012, 03:47 PM IST i

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The Reserve Bank of India (RBI) left interest rates on hold on Tuesday but cut the cash reserve ratio (CRR) by 25 basis points, defying pressure from the government to lower rates for the first time since April but also indicating it may soon ease policy further.
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