RBI keeps key rate unchanged; cuts SLR, lowers GDP projection
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RBI keeps key rate unchanged; cuts SLR, lowers GDP projection

RBI keeps key rate unchanged; cuts SLR, lowers GDP projection The Reserve Bank today kept interest rate unchanged as widely expected but raised concerns over fiscal slippages in view of rush for farm loan waivers. It has however slashed the Statutory Liquidity Ratio (SLR) or the percentage of deposits that banks …