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RBI Governor cuts repo rate by 25 basis points

Posted on: 04/Mar/2015 2:38:25 PM
After the Union Budget, Reserve Bank of India Governor Raghuram Rajan announced surprisingly down the key policy rate by 25 basis points. This will more benefit for home and car loan subscribers.

After RBI governor`s this announcement the Indian share market gets bull side. Sensex rallied by over 302.79 points to 29896 on 12.20 PM and the Nifty goes to 9076.65.