RBI has taken a pragmatic approach on repo rate: EEPC India chairman

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Key Points

The stable monetary policy followed by the RBI will provide impetus to the industry, said EEPC India chairman Arun Kumar Garodia...

The current business environment necessitates stability in finance costs, especially for exporting community, and calls for measures to reduce them...

'The slowdown in the world economy and tepid demand in major advanced markets have significantly impacted the engineering exports sector, which has reflected in a sharp decline in shipments..

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