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NPA Situation An Important Issue For RBI: Urjit Patel

PUBLISHED ON: October 4, 2016 | Duration: 18 min, 30 sec

   
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The RBI in its October 4 policy review cut the repo rate by 0.25 per cent to 6.25 per cent. In a media briefing after the policy announcement, RBI Governor Urjit Patel said the non-performing assets situation has not occurred overnight, and therefore it will require skill and thoughtful endeavor to resolve it.
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