Posts tagged with "RBI"
RBI not to cut rates
The RBI is all set to keep policy rates unchanged in its monetary policy review, which is going to be done next week. This despite the fact that inflation for the second consecutive month in November has dipped.
There is a possibility of a CRR cut of 0.25 per cent.
“The decline in core inflation is welcome and will provide some comfort to the RBI, but the November uptick in CPI inflation and the firm HSBC PMI price readings suggest that we...