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RBI chief Shaktikanta Das expects transmission of rate cuts to improve further

Updated : February 15, 2020 01:50 PM IST

Addressing the media after RBI board meeting, which was also addressed by finance minister Nirmala Sitharaman, Das said he does not agree that rate cut transmission is plateauing out.
Prior to going for status quo on rates in December, the central bank had slashed rates five consecutive times that resulted in a cumulative 1.35 percent decline in repo rate.

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