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Dec 16, 2014
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RBI to wait for clearer road before cutting rates in Q2 2015
The Reserve Bank is likely to cut policy rates by 50 basis points starting from the second quarter of 2015, as base effects for industrial production and inflation normalise over the coming months, a report says.According to the global financial services firm HSBC, the Central Bank would wait for a "clearer road" on trends before cutting rates in the second quarter of 2015.
Source -
http://www.mydigitalfc.com
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