India Mid-Quarter Monetary Policy Review: March 2013

Based on an assessment of the current macroeconomic situation, it has been decided to: • reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.75 per cent to 7.5 per cent with immediate effect; Consequently, the reverse repo rate under the LAF stan…

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India Mid-Quarter Monetary Policy Review: March 2013

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