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RBI 's Mid Term Policy
by p krishnan on Jul 31, 2007 01:28 PM

There is nothing new to contain inflation which will only go up once the impending oil price increase is announced. Increase in CRR is not going to contain inflation but affect Bank's second quarter performance. With money supply freely available, good borrowers can count on other sources than Bank funds as Banks will be forced to increase lending rates following increase in CRR

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RBI credit policy: highlights