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RBI may up rates by another 25-30bps, sell autos: Baer Cap

Alok Sama of Baer Capital said that the steeper-than-expected policy tightening from the RBI wasn’t a surprise move because inflation is now heading towards double digits, which is way above the central bank’ comfort zone of 3-4%.

first published: Jul 29, 2011 09:05 am

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