Diabytes
GVA growth News
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Lending rate cuts are key to economic growth recovery and banks should lower rates by 25 bps before the start of the busy season in October to accelerate reforms momentum, says a report.
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Citing debilitating impact of the demonetisation drive on the economy, domestic rating agency Icra today forecast a 40 bps dip in growth rates to 7.2 per cent in the second quarter of the current fiscal.
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