Policy panel mooted pause but RBI cut rate
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Policy panel mooted pause but RBI cut rate

Mumbai : India | May 14, 2012 at 1:27 PM PDT
Source: Indian Express
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However, RBI Governor Subbarao slashed the repo rate by 50 basis points on April 17, its first cut in three years. Most members indicated that the slowdown had more to do with supply-side constraints, administrative delays and infrastructural bottlenecks than monetary tightening. FULL ARTICLE AT Indian Express
 
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