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Former home secy Ajay Kumar Bhalla appointed Manipur Guv amid ethnic violence resurgence | Five soldiers killed, several injured as Army truck falls into Poonch gorge | Allu Arjun quizzed by police in Pushpa 2 stampede case | Wanted Indian drug smuggler killed in the US | Congress leader files complaint against Allu Arjun for 'insulting police' in Pushpa 2: The Rule | Ahead of Jaishankar's US visit, foreign secretary Vikram Misri meets top US diplomats | India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people
RBI cuts repo rate to 6.25 per cent at its latest policy review

RBI cuts repo rate to 6.25 per cent at its latest policy review

Oct 04, 2016, at 09:45 pm

Mumbai, Oct 4 (IBNS): The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), on Tuesday, decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 6.5 per cent to 6.25 per cent with immediate effect.

Raghuram Rajan says monetary policy committee a momentous step to fight against inflation

Raghuram Rajan says monetary policy committee a momentous step to fight against inflation

Jun 20, 2016, at 11:05 pm

Mumbai, June 20 (IBNS) RBI Governor Raghuram Rajan on Monday said setting up of the independent monetary policy committee (MPC) as a 'momentous step' taken by the government to fight against inflation.