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KV's ChanakyaShaala

Rate Cut Positive?

25 basis point rate cut by RBI. Time to rejoice? Not really if you are dependent on interest income. Govt says their vision is to make India a low cost economy. This means further rate cuts in your deposit rates. That makes "Chanakya's Reverse Gear Strategy for smooth forward drive" our first in Chanakya series more relevant. Keep visitingwww.sharepundit.com.

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