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Friday, February 8, 2019

Banks seen unlikely to match RBI's rate cut any time soon

The reluctance of bankers to pass on all of Thursday's surprising 25 basis point rate cut is a potential blow to Prime Minister Narendra Modi's government, which hopes lower lending rates will lift growth and job creation ahead of general elections due by May.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News


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