RBI cuts repo rate to support 'Goldilocks' economy
NEW DELHI, Dec. 6 -- The Reserve Bank of India (RBI) reduced its policy rate on Friday in line with market expectations as benign inflation continues to provide space for monetary policy support to economic growth.
The decision came in what governor Sanjay Malhotra described as a "rare Goldilocks" period of 8% growth and 2% inflation. P16...
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