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RBI latest meeting ‘diluted’ its old policy framework: Nomura

http://www.moneycontrol.com/news/economy/rbi-latest-meeting-diluted-its-old-policy-framework-nomura_7576181.html
On Tuesday, the central bank surprised the market with a 25-basis-point cut to its policy repo rate, or the rate at which it lends to banks, to 6.25 percent…

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