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With non-performing loans rising, European banks may be forced to reduce their India exposure, putting more pressure on the rupee

NRIs will abandon rupee-denominated accounts, causing a deposit crunch and worsening the current account deficit

FII attitudes to India will be a deciding factor, and that will be determined more by the Fed and the Bank of Japan than by the RBI

All indicators point to a further steady weakening

Central banks worldwide should continue to focus on growth, not on inflation orthodoxy

The RBI must apply its mind to the heart of the issue: are bankers competent to advise customers on anything other than their own banking product?

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