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RBI rate hike to not affect sales: Escorts

PUBLISHED ON: June 16, 2011 | Duration: 5 min, 05 sec

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Rohtash Mal, ED and CEO of Escorts Agri Machinery Group, says the RBI shouldn't use the rate hike as the only option to control inflation as more needs to be done on the supply side. He says with this the retail finance for farm machinery would go up.
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