Reuters: Money News: In policy debut, RBI chief Rajan prescribes bitter pill

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In policy debut, RBI chief Rajan prescribes bitter pill Sep 23rd 2013, 02:26 MUMBAI (Reuters) - Reserve Bank of India Governor Raghuram Rajan may raise policy rates again after shocking markets by increasing them in only his first meeting, signalling he is willing to risk prolonging what is already the lowest economic growth in years in order to quash persistent inflation.

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