Business | Monday April 16, 2012
Amidst sagging factory output and moderation in economic growth, the Reserve Bank could cut interest rate by about 0.25 per cent and release more liquidity to stimulate economic growth in its annual credit policy on Tuesday. "My personal stance is that cut CRR...I would expect 75 basis point cut in CRR," SBI Chairman Pratip Chaudhuri said.
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