Arun Jaitley hails RBI decision to cut interest rate

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Jan 15, New Delhi,

Finance Minister Arun Jaitley hailed the decision of RBI to cut the interest rate, saying it is positive for the Indian economy and will certainly help in reviving the investment cycle the government is trying to restore

He said, the RBI decision to cut the interest rate will lead to more money in the hands of the consumer for greater spending. Jaitley has been nudging the central bank to ease the interest rate to lower the cost of capital Reply Forward

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