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Monday, February 11, 2019

Banks seen unlikely to match RBI's rate cut

The reluctance of bankers to pass on all of Thursday's surprising 25 basis point rate cut is a potential blow to Prime Minister Narendra Modi's government, which hopes lower lending rates will lift growth and job creation ahead of general elections due by May.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2TDyPM1

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