'RBI TO LEAVE INTEREST RATES INTACT, MAY HIKE CRR'

Ravikumar.G , Last updated: 20 September 2007  
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Unlike US Federal Reserves which cut interest rates by 50 basis points on Tuesday, the Reserve Bank of India is likely to retain the interest rates intact, global financial service provider Merrill Lynch said on Wednesday. The regulator, however, may ask banks to keep more cash with it, it added. "W

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Ravikumar.G
(Consultant)
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