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    Expect 100 bps rate hike over 12 months: Deutsche Bank

    Michael Spencer, chief economist at Deutche Bank tells CNBC-TV18 that tensions in West Asia have pushed crude oil prices to elevated levels. He also says he expects India’s apex bank, the Reserve Bank of India to hike rates by a 100 bps over the next 12 months.

    first published: Mar 9, 2011 01:59 pm

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