It is too early to give a judgement
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BANGALORE: It is too early to tell if the Indian economy, battling record inflation rates close to 12%, is facing an imminent slowdown, the head of the country���s biggest private sector bank said on Monday.
It would take another two quarters before it is possible to make a definite pronouncement on the health of the economy, KV Kamath, MD and CEO of ICICI Bank, told reporters at an event organised by the Confederation of Indian Industry (CII).
���The data I have for the last quarter doesn���t indicate (a slowdown), barring some sectors which were challenged. One has to wait for this quarter and the next before deciding on this.���
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It is so early that a judgement cannot be given .
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