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Sep 29th 2015

Big Bang Rate Cut by RBI- Highly Positive for Markets, especially Bond Markets – RBI Policy Review 29th September 2015

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Indian bond and equity markets received a pleasant surprise today with RBI governor Dr. Raghuram Rajan announcing a 50bps rate cut from levels of 7.25% to 6.75%.

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Arjun Parthasarathy
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