Monday, June 18, 2012

All Eyes on RBI Guv as Rate Cut Expectations Rise

RBI Governor D. Subbarao is expected to go slow on his over two-year-old anti-inflationary posture and go with the common mood by unveiling a softer interest rate regime on Monday, as more and more dark clouds gather over the economy, though the price index still remains above RBI's comfort zone..............

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