Profit

RBI’s move aims to tame inflation: Canara Bank

PUBLISHED ON: September 16, 2010 | Duration: 25 min, 34 sec

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Ajit Ranade, chief economist at Aditya Birla Group and S Raman, CMD of Canara Bank, share their views on the RBI’s rate hike move. “The RBI’s announcement is expected to contain high rate of inflation. It may lead to an upward bias in interest rates,” Raman said.
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