RBI decision to cut Repo Rate will help in lifting mood of investors :CII


15 Jan, Mumbai

The Confederation of Indian Industry has hailed the RBI decision to cut repo rate and said that it will help to lift the mood of investors who have been grappling with subdued demand conditions.

CII Director General, Chandrajit Banerjee said, the cut in repo rate will also send a strong signal down the line that both the government and the RBI are acting in concert to harness demand and take the economy to a higher orbit of growth.

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