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RBI Credit Policy: Will banks cut interest rate?

PUBLISHED ON: April 18, 2012 | Duration: 13 min, 03 sec

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Janak Desai, Country Head - Wholesale Banking at ING Vysya Bank and RK Bakshi, Executive Director of Bank of Baroda discuss RBI's annual credit policy announcement that saw a cut in repo rates by 0.5 per cent. They also discuss whether banks will pass on this rate cut by reducing interest rates.
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