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Wednesday, 6 June 2018

What If the RBI Raises Interest Rates in its Monetary Policy Meet Today

A hike in the rates will increase the lending rates by the banks to maintain their profit margins, adding pressure on the common man to pay up more money on his loans, pinching the politically important middle class and weakening the already lagging investment climate in the country.

from Top India News- News18.com https://ift.tt/2JtawPf
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