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7.24% inflation is surprise; hope of CRR cut high: UCO Bank

UCO Bank chairman Arun Kaul, responding to inflation at 7.24 percent, on CNBC-TV18 explains that this indicates a softening in inflationary trends though the fall in manufacturing product is a cause for concern. Kaul adds that this has raised hopes of a CRR cut on December 18.

first published: Dec 14, 2012 01:40 pm

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