Rate cuts by the RBI alone will not jump-start the economy. The focus should be on the quantity of credit available for the private sector. http://www.indialegallive.com/constitutional-law-news/economy-news/the-recent-lowering-of-repo-rates-by-the-rbi-the-third-consecutive-rate-drop-this-year-signals-an-economic-slowdown-india-legal-67096 |
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