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Bankers undecided yet on interest rate cut

PUBLISHED ON: November 3, 2008 | Duration: 1 min, 49 sec

  
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A couple of days after the RBI cut its repo rate and eased liquidity considerably, bankers are still uncertain about when real lending rates for corporates and consumers will come down. While bankers wait for market leaders like SBI to make their move, the finance ministers' meeting with PSU bank chiefs on Tuesday is likely to spur a round of rate cuts this week.
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