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RBI likely to cut interest rate in its next meet
This article was posted on Nov 14, 2014 and is filed under Market News
The fast cooling inflation is making the case for the Reserve Bank Of India (RBI) to cut the interest rate when they will have their next monetary policy meeting on December 2nd.
Inflation is below the Central Bank’s target of 8 per cent for January 2015 and even dropped below the 6 percent target for January 2016.
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