Wednesday, October 17, 2012

First rate cut by RBI unlikely before Feb 2013: Sujan Hajra, Anand Rathi

........We have consistently maintained that the RBI will maintain monetary easing stance, but this will play out more through the liquidity channel rather than through the interest rate channel. Obviously there are some expectations particularly because of the sound bytes coming from New Delhi that there could be a rate cut. Obviously a rate cut cannot be ruled out, but our sense is that...........

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