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February Budget Session

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  • Kotak sees 25bps rate cut in Jan; fisc deficit at 4.8-4.9%

    Indranil Pan, chief economist at Kotak Mahindra Bank expects a 25 basis point rate cut by the Reserve Bank of India (RBI) its next January policy meet. However, he says, some of the macroeconomic parameters are not yet giving signals that the system is ready for a cut.

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