The Indian central bank on Wednesday left the repo rate and the reverse repo rate unchanged, leaving very little room now for lenders to lower interest rates.
New Delhi : The government’s note ban move clearly had a debilitating impact on India’s economy, the industry said today, after GDP data showed growth declined to 6.1 per cent in the January-March quarter. India lost the tag of the world’s fastest growing major economy to China with a gross domestic product growth of 6.1 per cent in the fourth quarter. For the full 2016-17 fiscal, GDP growth stood at a three-year
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