Banking On Growth

.....According to Dun and Bradsheet Inflation continued to remain sticky and much above the RBI’s comfort zone throughout the year. In fact headline inflation as measured by WPI remained above 7.5 per cent from February to October 2012. As a result the RBI has kept the repo rate at an elevated level reducing it by 50 basis points only once during 2012, in April-12 to support growth.............

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