The RBI, in its annual monetary policy for 2012-13, slashed the policy rates by 50 basis points. In an interview to CNBC-TV18, RK Bakshi, executive director of Bank of Baroda says, if RBI‘s M3 growth expectations are right then these deposit growth, lending growth should be right. According to him, deposit rate should moderate ahead.
first published: Apr 17, 2012 02:31 pm
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