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Scope for RBI to cut CRR by 25-50 bps: Union Bank

As the liquidity situation remains tight, Debabrata Sarkar of Union Bank of India feels there is scope for the RBI to reduce CRR by 25-50 bps. According to him, a slight reduction in repo rate may also help soften interest rates.

first published: Apr 10, 2012 03:50 pm

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