No Immediate Bank Rate Cut : RBI - ربی - Reserve Bank of India

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79522004

No Immediate Bank Rate Cut : RBI

Reacting to a report in a section of the press today, quoting unnamed official sources, the official spokesperson of the Reserve Bank of India said that at present there is no immediate proposal under consideration to cut Bank Rate by 0.5 per cent.

Alpana Killawala
General Manager

Press Release: 2002-2003/180

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