Tuesday, April 30, 2013

Reuters: Money News: RBI may sweeten rate cut with lower reserve ratio, dovish talk

Reuters: Money News
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RBI may sweeten rate cut with lower reserve ratio, dovish talk
May 1st 2013, 02:50

MUMBAI (Reuters) - The Reserve Bank of India may sweeten its expected 25 basis point interest rate cut on Friday with a similar reduction in the cash reserve ratio to ease tight market liquidity conditions as increasingly benign inflation gives it room to manoeuvre.

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