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Profit This Week: RBI cuts CRR by 0.75%; Greece averts default

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The RBI cuts CRR by 0.75 per cent, injecting greater liquidity. Greece averts a default clearing the way for a second international bailout. L&T gets a new chief, K Venkataramanan replaces AM Naik. Kingfisher fears reaching a point of no return as bank accounts get frozen.

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