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Time for rate cut; response to yuan drop soon: Fin Secy

Asked if out-of-turn rate can be expected, Finance Secretary Rajiv Mehrishi told CNBC-TV18 said he would not want to comment on monetary policy action of the Reserve Bank of India (RBI) but being out of sync with the world, which we are this point, does not seem right.

first published: Aug 13, 2015 09:31 am

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