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Quantum of rate hike surprising: Prabhudas Lilladher

  • 4:31
  • Published On: December 08, 2010
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Prabhudas Lilladher senior analyst Abhijit Majumder feels the deposit rate hikes were expected but the quantum has surprised everyone. Also, RBI governor's suggestion to banks to increase deposit rates and check lending rates might have impacted investor sentiments.
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