......“As a result, inflation is likely to rise in the coming months. So we are not hoping for the RBI to announce any cut in repo rates in 2012. There are possibilities of a 25 basis-point cut between January and March of 2013. At present, RBI is not decreasing the rate as inflation will not come down with that, and it might increase further. On the contrary, growth will be hampered. So they will continue the current rate levels till end of 2012,” ........
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