Business Today

Has the RBI been too timid in lowering rates?

Shedding its 9-month long hawkish monetary policy stance, the Reserve Bank of India (RBI) slashed its key interest rates by 0.25 per cent and released Rs 18,000 crore additional liquidity into the system to perk up growth through reduced cost of borrowing.

     Last Updated: January 30, 2013  | 11:24 IST

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