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New RBI chief on inflation and India's growth story

September 09, 2008 17:56 IST

Duvvuri Subbarao the new Reserve Bank of India [ Get Quote ] governor said on Tuesday that the central bank will review GDP growth forecast for this fiscal during its October review of monetary policy.

Talking on inflation, Subbarao said, it is a combination of supply side and demand side factors.

"The monetary measures were intended to curtail demand; a slowdown in growth should not surprise us," he added.

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