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Economic Stimulus Package | Govt announces second stimulus package; liberalises policy on ECB * IFCL allowed to raise Rs30,000 cr via tax-free bonds * Govt extends DEPB schemes till 31 Dec * FII investment limit in corp bonds raised from $6 bn to $15 bn * RBI cuts repo rate by 100 bps to 5.5% * RBI cuts CRR by 50 bps to 5%

Economic Stimulus Package | Govt announces second stimulus package; liberalises policy on ECB * IFCL allowed to raise Rs30,000 cr via tax-free bonds * Govt extends DEPB schemes till 31 Dec * FII investment limit in corp bonds raised from $6 bn to $15 bn * RBI cuts repo rate by 100 bps to 5.5% * RBI cuts CRR by 50 bps to 5%
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First Published: Fri, Jan 02 2009. 06 05 PM IST
Updated: Fri, Jan 02 2009. 06 05 PM IST
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First Published: Fri, Jan 02 2009. 06 05 PM IST
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