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The Reserve Bank of India cut its key repo rate by a larger-than-expected 50 basis points and slashed the reserve ratio for banks as low inflation gave policymakers room to focus on supporting growth.
The Reserve Bank of India's recent jumbo rate cuts took economists by surprise, as many indicators point to an economy ...
India's workforce is large, but investment is lacking. Private sector expansion is low. Banks are less exposed to key ...
The former HDFC chairman said ICICI Bank once made an offer to take over the mortgage lender but it was declined. On a ...