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Banks Tend to Raise Rates Faster Than Cutting: Rajan
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Banks Tend to Raise Rates Faster Than Cutting: Rajan
21:33
Published On: March 04, 2015
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RBI Governor Raghuram Rajan in a conference call with analysts said that banks tend to be a little faster in raising rates than cutting rates. He, however said that he hopes that banks will bring down lending rates soon.
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