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Huge CAD, rupee fall may deter RBI from rate cut

Postby autoBOT » Mon Jun 17, 2013 8:30 am

All eyes will be on Reserve Bank of India (RBI) governor D. Subbarao on Monday as India Inc and commercial banks look forward to an easing of the monetary policy so that more money becomes available in the system at lower rates of interest to rev up the economy.

Mon, 17 Jun 2013 02:40:32 GMT
Read more here... ... tory01.htm
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