Friday, December 30, 2011

Inflation going down, so are interest rates also?

Today saw the morning newspaper, it was great to read that the data of inflation showing some downward trends. If this is true then it must be great news for the business sector, as the RBI can look further to its credit policies and ease it. And if RBI eases the credit policy then business sector can think of some cheaper loans for their business and boost their production and can pitch for new orders.
So, fingers are cross, hope to have some good news from RBI Building.

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