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Banks Face Cash Crunch, Repo Rate Unchanged at 6.25% 07 December 2016
Against all the hopes, the Reserve Bank of India on Wednesday kept the key lending rate, repo rate, fixed at 6.25 per cent with all the six members of the Monetary Policy Committee voting in favour of a status-quo. “Consequently,...
Keywords: Cash crunch, RBI Interest Rate, Demonetization, Demonetization
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