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Why should the RBI reduce interest rates?

Story date: 2007-10-12 10:19:00
Added on: 2007-10-13 04:00:21


Hindustan Times - In the last one year the rates of interest were jacked up a hefty 2 per cent. There were, no doubt, reasons. Inflation had crossed ... The current scene is vastly different. The rainfall this year has been 5 per cent more than the long term average ...


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