ICICI Bank cuts base rate by 0.25 pct
REUTERS - ICICI Bank said on Thursday it will cut its base rate by 0.25 percent to 9.75 percent from 10 percent. The bank also said it will cut interest rates for retail fixed deposits by 0.25 percent.
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.
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