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RBI unlikely to cut rates: Yes Bank

PUBLISHED ON: October 29, 2012 | Duration: 9 min, 24 sec

  
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The Reserve Bank of India is unlikely to cut rate at it monetary policy review on Tuesday, says Shubhada Rao, chief economist at Yes Bank. High inflation and lack of adequate fiscal consolidation could keep the RBI on hold, she says, adding that a CRR cut can’t be completely ruled out due to tight liquidity conditions.
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