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PC pushes for affordable bank loans
Aug 19, 2012
New Delhi, Aug. 18: In a bid to boost the economy, finance minister P. Chidambaram today asked banks to cut interest rates and reduce EMI for durables as part of a strategy to push consumption-driven growth. “Consumers must be encouraged to buy more durables. I think the point has been well taken by the banks,” Chidambaram said after a review meeting with chairmen of public sector banks. “T

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