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India Banking Official: Little Impact From Greece Crisis

An Indian banking official said the financial crisis in Greece will not have a great impact on New Delhi's economy, which has picked up momentum in the past year. The optimistic projection came as global rating agency FITCH said it expects India’s growth to surpass China’s this year for the first time since 1999. Indian Reserve Bank Governor Raghuram Rajan said India should not suffer from the crisis in Greece, partly due to its record-high foreign exchange reserves of about $ 355...

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