Thursday, August 30, 2012

RBI should cut rate by 100 basis point soon for growth: K V Kamath, Chairman, ICICI Bank

 K V Kamath, one of India's most prominent bankers, wants the RBI cut rut its main policy rate by 100 basis points and boost consumption. By holding the repo rate at 8%, inflation is not being contained and growth is being harmed.......

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