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May 27, 2015
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RBI may cut policy rate by 25 bps: experts
The RBI will cut its key repo rate by 25 basis points in its June 2 policy review, experts say. Industry obviously wants more but experts think that this modest cut is probably the most likely course for the central bank.The case for a cut is predicated on the trends in inflation and growth. Consumer Price Index-based inflation touched a low of 4.87 per cent last month. Now, the RBI is well on course to meeting its inflation target of 6 per cent by January 2016.
Source -
http://www.thehindubusinessline.com
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