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RBI to cut rates in Q2FY13 or post June 30: City Union Bank

N Kamakodi, managing director and chief executive officer of City Union Bank indicated that the rates would decrease only in the second quarter next year or only after June 30. He expects the inflation to come closer to 7% by March so that the RBI can comfortably take a call.

first published: Dec 16, 2011 04:04 pm

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