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Tuesday, November 2, 2010

Reserve Bank of India decided to raise its benchmark interest rates by quarter basis points for the six straight month

Tuesday, November 2, 2010
Reserve Bank of India increases the interest rate to 5.25% in November The Reserve Bank of India decided to raise its benchmark interest rates by quarter basis points for the six straight month this year to 5.25%, as the Bank sees that inflation to accelerate during the coming period, and there is another sign of the fast growing emerging Asian economies and cooled growth in the developed

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