Friday, September 21, 2012

Bank interest rates to fall 50 bps: BofA

......BofA-ML expects the RBI to cut the CRR by a further 0.50 percent in its third quarter policy review on October 30, the note said, adding, the central bank may also infuse an additional liquidity of Rs 1,00,000 crore by March through open market operations (OMOs)......

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