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Equity gains in India as RBI set to cut interest rate again

Published On 29 Nov 2019 11:27 AM


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The Reserve Bank of India (RBI) is set to curb the interest rates in December for the sixth time in the year 2019.

The Reuters poll estimates the reduction in the economy which may arise or have no effect on the Indian economy.

Recently, RBI has a plan to cut rates by 135 basis points up to 5.15% but as per historic standards, the growth rate remains cheap or slightly moves upward.

 According to the Reuters p....


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