| RBI needs to cut rates: Assocham study |
| BS Reporter / New Delhi October 03, 2007 |
| In the wake of foreign institutional investors (FIIs) pouring huge money into the Indian stock and debt markets, the Reserve Bank of India (RBI) is left with very few options besides cutting interest rates as the dollar is expected to depreciate to Rs 37 mark by March 2008, revealed a chief executive officer |
