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To Overcome inflation rate RBI is planning to increase debt rate

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Weakness of Economy affects Banking industry, Agriculture sector perform well and service sector is also looking profitable while Industrial sector is down. Only Agriculture sector will not be able to support GDP because Agriculture sector part is decreased in GDPthen from earlier.

EBI tried to reduce inflation rate and due to this RBI increased interest rate,  this affect bank stocks badly.  If RBI may increased next credit policy then banks will have to increase their interest rates.

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