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 Money & Banking - RBI & Other Central Banks
RBI changes base date

Our Bureau

Mumbai, July 30

The Reserve Bank of India takes April 1, 2005 as the base date for calculations of variations in monetary and banking data for 2005-06. The base date for 2006-07 continues to be March 31, 2006. The RBI would follow this convention for reporting variations in monetary and banking variables during the year for its regular publications.

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