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Expect RBI to cut rates next week: ING Vysya

  • 6:20
  • Published On: March 13, 2013
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The high Consumer Price Index-based inflation reading has dimmed hopes of a rate cut, but ING Vysya still expects the RBI to cut rates by 25 basis points. Phani Shankar of ING Vysya explains that if WPI continues to ease the RBI may go for a rate cut keeping in mind the fiscal consolidation undertaken by the government.
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