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Will RBI lower the interest rate?

Story date: 2007-10-28 01:49:00
Added on: 2007-10-28 19:00:24


Economic Times - As of now, the prime lending rate (PLR) of banks varies between 12.75 and 13.5 percent. Inflation is hovering around five percent. Other countries have substantially lower interest rates. China has a negative real interest of 2.64 percent. South ...


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