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| The Reserve Bank of India (RBI) today stunned the Street by bringing down the repo rate by an unexpectedly sharp 50 basis points to pump up a faltering economy but warned that there was little scope to trim interest rates further this year. ... |
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| FM vows growth pill |
| Finance minister Pranab Mukherjee today promised “additional steps” to boost growth, while welcoming the RBI ... |
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| Leash on gold loans |
| The RBI today directed banks to bring down their exposure to non-banking finance companies (NBFCs) providing gold loans. ... |
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