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Online edition of India's National Newspaper Sunday, March 05, 2000 |
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Interest rates may be cut
PANAJI, MARCH 4. The RBI Deputy Governor, Mr. Y. V. Reddy, today
hinted at a reduction in interest rates saying the withdrawal of
interest tax, estimated to cost the exchequer Rs. 1,000 crores,
will lead to a fall in transaction cost of banks.
- PTI
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