....No wonder, analysts Sujan Hajra and Gautam Singh at brokerage Anand Rathi expect the Reserve Bank of India (RBI), which had hiked interest rates through the last 18 months to rein in inflation, to cut rates in another six months. That will drive down borrowing costs for mortgage holders and businesses , lower the effective cost of car loans and allow banks to lend more freely. It can boost growth, which has sagged from 9% levels to below 7% now.......
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