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Growth will get derailed as rate hikes to go on: IDFC Sec

Growth rates will take a hit, after the RBI’s steep 50 basis points rate hike yesterday, says Pathik Gandotra, Head Broking of IDFC Securities. In an interview on CNBC-TV18, he said this is not the last stop for the central bank and that more rate hikes may be on the cards.

first published: Jul 27, 2011 10:58 am

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