Tuesday, June 12, 2012

Financial sector regulators to take stock of economy

......The meeting, which will be held in Hyderabad, is also expected to analyse the reasons behind the depreciating Indian currency. The FSDC sub-committee is scheduled to meet just ahead of the Reserve Bank of India’s mid-quarterly monetary policy review on June 18. The RBI is widely expected to cut key rates by at least 0.25 per cent to ease liquidity and stimulate lending..........

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