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RBI Unlikely to Cut Rates This Year: Crisil

PUBLISHED ON: September 15, 2014 | Duration: 5 min, 09 sec

   
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Commentating on August WPI numbers which fell nearly to 5-year low, DK Joshi, chief economist at Crisil, said that though the inflation situation is becoming benign it won't change the interest rate scenario for the central bank. He added that we still don’t expect any rate cut this year unless there is a trend.
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