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CRR CUT NEWS IN ENGLISH

  • rbi interest rate unchanged rs 32 000 cr injected by crr cut

    RBI Interest Rate Unchanged; Rs 32,000 Cr Injected By CRR Cut

    January 24, 2012 12:33 IST

    Mumbai, Jan 24: RBI today injected Rs 32,000 crore into the system by lowering the Cash Reserve Ratio (CRR) by half-a-percentage point but kept the short-term lending rate unchanged in view of persisting inflationary concerns. 

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