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ARCELORMITTAL : Agrees To Concession On Tech Transfer To SAIL For $897 Mn Planned Automotive JV

Where Is The Interest Rate Cycle Headed?

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Pratip Chaudhari, chairman of State Bank of India says the RBI has three objectives. “To defend the external value of the rupee, keep inflation under control and promote growth. However, it has to choose its priority,” he adds. He explains where he sees the interest rate cycle going.