Bank Rate - ربی - Reserve Bank of India

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54002950

Bank Rate

The Reserve Bank of India has decided to reduce the Bank Rate by half a percentage point, i.e., from 11.0 per cent per annum to 10.5 per cent per annum with effect from the close of business on March 18, 1998.

(P.T. Achuthan)
Manager

Press Release : 1997-98/857

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