India Inc Welcomes RBI Rate Cut

PUBLISHED ON: October 4, 2016 | Duration: 5 min, 02 sec

   
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The RBI in its October 4 policy review cut the repo rate by 0.25 per cent to a six-year low of 6.25 per cent. Pramod Bhasin, founder of Genpact, and Sidharth Birla, ex-chief of FICCI, discuss the central bank’s move to lower rates and say that it will boost the economy going forward.
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