Saturday, September 18, 2010

Banks to mostly hold rates this month

A day after digesting the Reserve Bank of India's mid-quarter monetary policy review, most bankers say they will hold their rates this month and review these in October, when festivals and the busy season set in, giving a clearer idea of the rise in price.

Riding high on hectic buying by foreign funds across the sectors, the benchmark indices, Sensex and Nifty, posted this year's best weekly gains as of September 17.

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