A few banks may even move ahead and cut loan rates before RBI announces its monetary policy on 17 April. Pressure is mounting on the Reserve Bank of India (RBI) to cut its key policy rates even as it keenly watches the inflation trajectory in Asia’s third largest economy. On Monday, at the central board meeting of RBI in Delhi, finance secretary R.S. Gujral hinted that the government wants the central bank to lower its policy rates......
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