Thursday, September 19, 2013

'Without enough clarity do not jump in with very strong view'

......Will he roll back CRR? The answer would be probably not. But I think, he might give indications. If FOMC gives a positive indication, RBI might give an indication that it is looking to roll it back. May be not now but over the next 2-3 months. But at the same time he (RBI governor) would continue to stick to what he had said that these measures are temporary. That will be seen as a market positive............

No comments: