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India's central bank unexpectedly cuts its cash reserve ratio by 75 bps to 4.75%, saying the...
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Friday, March 9, 2012, 9:22 AM ETIndia's central bank unexpectedly cuts its cash reserve ratio by 75 bps to 4.75%, saying the move will inject 480B rupees into the banking system. The announcement came after markets were closed in the nation.
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