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Expect 25-50 bps rate cut only in January despite lower inflation: Vijaya Bank

PUBLISHED ON: December 14, 2012 | Duration: 4 min, 26 sec

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The good news on the inflation front is likely to continue even though non-core inflation is still high, says HS Upendra Kamath, CMD of Vijaya Bank. Mr Kamath says that the softer-than-expected November inflation data may not translate into a rate cut next week, but the likelihood of a 25-50 bps repo rate cut in January is very high.
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