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FIN MIN OFFICIAL : Asked RBI To Ease Some Provisioning Norms FIN MIN OFFICIAL : Govt Has Asked RBI To Ease S4A, SDR Rules FIN MIN OFFICIAL : Asked RBI To Consider Allowing Banks To Reduce Interest Rates On Cases Under S4A FIN MIN OFFICIAL : Easing Provisioning Norms To Help Banks Implement New Changes In NPA Policy FIN MIN OFFICIAL : Asked RBI To Consider Allowing Fresh Moratorium On Principle/Interest Payment FIN MIN OFFICIAL : Expect RBI's Response To Govt's Request In 7-10 Days FIN MIN OFFICIAL : Likely To Allow Partially, Optionally Convertible Debentures For FDI FIN MIN OFFICIAL : Likely To Approve New Instruments To Spur FDI Next Month

Do Not Expect Any Rate Cut Currently: Standard Chartered Bank

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July 22: We expect rate cuts only after two quarters once inflation is under control, says Robert Aspin, CFA Head of Equity Investment Strategy Group Wealth Management at Standard Chartered Bank. He adds that rate action will be marginally positive for banks.