Thursday, September 10, 2015

NITI AAYOG VC BATS FOR 1% RATE CUT

NITI Aayog Vice-Chairman Arvind Panagariya says  that “time is ripe” for 0.5 per cent to 1 per cent reduction in benchmark lending rates.

He also expressed hope that the GDP growth can cross 8 per cent in the current fiscal as investment sentiments are turning around and three quarters are still remaining.

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