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Inflation key to next 25-50 bps rate cut in 4-6 mths: M&M

Pawan Goenka, President Automotive Sector of Mahindra & Mahindra (M&M), says that today‘s RBI announcement on repo rate cut and CRR cut was on expected lines. He feels 25 bps rate cut is a good move and if inflation remains under control then one can see another rate cut of 25-50 bps in next four-six months.

first published: Jan 29, 2013 03:54 pm

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