Tuesday, September 18, 2012

RBI is giving positive signal; repo cut may come in Oct

......The CRR cut will infuse around Rs 17,000 crore into the system and this infusion is not going to do wonders for systemic liquidity and bank credit growth. However, the CRR cut is definitely a precursor for policy easing in RBI’s forthcoming policy review in October 2012.......

No comments: