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India econ to recover, more rate cuts seen: Reuters Poll By Sumanta Dey BANGALORE (Reuters) - India's economy will pick up this year, although more gradually than previously thought, while average inflation will be slower, giving the Reserve Bank room to cut rates by another 50 basis points during the fiscal year ending March 2013, a Reuters poll showed. The survey showed Asia's third-largest economy growing at an annual 6.5 percent in the three months
Lending rate cuts likely to put pressure on banks' margins
In the wake of the Reserve Bank of India’s (RBI) rate reversal signal, the ongoing and impending reductions in banks’ base rate — the benchmark lending rate to which all loans are
HDFC may cut rate by 25 bps next week
Housing Development Finance Corporation (HDFC), the largest mortgage lender in the country with nearly a third of the market share, is set to reduce its lending rates by 25 basis points (bps) early
Nokia promises more cost cuts after Q1 loss
ICICI Bank, others grudgingly begin to cut rates
Retail inflation up at 9.47% in March
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