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RBI's rate cut may be 'too little, too late,' say auto manufacturers

Updated : Jan 15, 2015

By : hidden hidden

Category : Business

RBI's rate cut may be 'too little, too late,' say auto manufacturers

Automobile manufacturers today termed the RBI's decision to reduce interest by 25 basis points as "too little, too late" although they hoped that it would lead to softening of lending rates in future. #RBI #Interest rates #Ashok Leyland #Raghuram Rajan #Growth #RBI Governor #Rate cut #GM #auto makers