Business: No respite for home and consumer loan borrowers - RBI keeps interest rates unchanged

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posted by garfield79 1576 days ago
Belying expectations of a softer interest rate regime, the Reserve Bank of India on Tuesday kept all key rates unchanged in a bid to maintain financial and price stability. Maintaining status quo in its stance, RBI, in its third quarter review of credit policy, also kept growth projection unchanged at 8.5 per cent and inflation close to 5 per cent in 2007-08.
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