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FM says interest rates are hardening
Finance Minister said on Monday that interest rates are hardening during a debate on the union budget in the Parliament.
Published on: Mar 13, 2006, 17:55:00 IST
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Finance Minister Palaniappan Chidambaram said on Monday that interest rates are hardening during a debate on the union budget in the Parliament.
"The bank rate today is at 6 per cent. Reverse repo is at 6.5 per cent ... interest rates are hardening," Chidambaram told Parliament.
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