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Interest rates still too high: Urjit Patel

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  • Published On: March 28, 2009
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"On the fiscal front, we have played it just about right after a hesitant start. On the monetary front, again after being hesitant, we have been brining down CRR but the transmission mechanism is not allowing the full force of policy changes to pass through," said Urjit Patel, economist.
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