Bank Rate - ربی - Reserve Bank of India

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54002739

Bank Rate

The Reserve Bank of India has decided to increase the Bank Rate by two percentage points, i.e. from 9 per cent per annum to 11 per cent per annum with effect from the close of business on January 16, 1998.

(P.T. Achuthan)
Manager

Press Release : 1997-98/634

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