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FROM ANI - Bank Of India Bulding Catches Fire In Fort Area, Mumbai SPICEJET - Launches Second Daily Direct Flight Between Kolkata-Dhaka

“Interest Rates Likely To Remain Firm”

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March 7: Stating that the monetary policy is ably linked to inflation now, Kotak Mahindra Bank’s Shanti Ekambaram, says, “Going forward, interest rates will remain at current levels, as inflation will not reduce immediately even with a new government at centre.” She also adds, “CAD’s movement will depend on macro economic factors and policy decisions.”