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See FY14 GDP at 4.8% if liquidity squeeze persists: BofA ML

Due to squeeze in liquidity high lending rates will eat away benefits of monsoon. Therefore, GDP growth will depend a lot upon when the monetary policy is dismantled, says Indranil Sengupta, Chief Economist India, BofA ML.

first published: Aug 23, 2013 12:17 pm

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