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Govt borrowings won't affect interest rates: FM

Amidst concerns over possible rise in interest rates due to the huge government borrowing programme, Finance Minister Pranab Mukherjee today reassured that interest rates would not rise in the next few months. “Last fiscal also the Reserve Bank of India (RBI) was prudent in debt management, and this year also we will ensure that the private sector can avail loans at affordable rates, and   read more »

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