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RBI revises interest rate on financing agri operations
Mumbai, Oct 22 (UNI) The Reserve bank has revised the rate of itnerest on the temporary liquidity support for financing agricultural operations to eight per cent.
The Apex Bank, in a release, said that the new rate effective from October 20, would be the same as the prevailing fixed repo rate under the Liquidity Adjustment Facility.
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Story first published: Wednesday, October 22, 2008, 19:37 [IST]