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Wednesday, December 19, 2012 - 14:19 IST
Cautiously optimistic for a rate cut
BY Indranil Pan
A surprising feature of the policy release was the absence of any reference to fiscal issues and the consequent repercussions on monetary policy.
In an expected move, the RBI prudently stayed off from any policy rate cuts, hinting at a calibrated series of rate cuts once the growthinflation dynamics provides the headroom. Even as we pencil in a 25 bps rate cut...
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