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RBI governor cites weak investment demand as reason for 25bps rate cut
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Thursday, 18 April 2019
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Reserve Bank of India ( RBI ) governor Shaktikanta Das cited weak investment demand and a lower-than-expected inflation trajectory to justify his vote in favour of a 25 basis point (bps) reduction in the repo rate to 6% at the April meeting of the monetary policy committee (MPC).


Posted originally: 2019-04-18 23:34:00

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