You are here
Rajan makes surprise cut in interest rates
RESERVE Bank of India governor Raghuram Rajan has unexpectedly cut interest rates to help revive growth in Asia's third-largest economy after a slide in the inflation rate.
In an unscheduled review, Mr Rajan lowered the benchmark repurchase rate to 7.75 per cent from 8 per
- CALL +65 6388 3838
- EMAIL email@example.com