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Bankers don't see drastic rate cut by RBI

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  • Published On: January 23, 2009
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BI Governor D Subbarao's first 5 months in office have been a virtual trial by fire. Taking over at a time when the global crisis was deepening and the domestic economy slowing, he has no option but to act fast and act strong. But as he prepares to deliver his second credit policy review, the RBI governor may finally have a chance to pause and think.
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