Tuesday, October 16, 2012

There is a case for a cut in CRR by a further 25 basis points: Ananth Narayan

Ananth Narayan, co-head of wholesale banking, South Asia, at Standard Chartered Bank, is of the view that the Reserve Bank of India (RBI) may either cut the cash reserve ratio (CRR) or indicate further open-market operations (OMOs) in the second quarter review of the monetary policy later this month........

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