Saturday, July 27, 2013

RBI meet on July 30 holds no promise: CNBC-TV18 poll

..........Majority of bankers and economists polled by CNBC-TV18 believe that Subbarao will leave repo rate and cash reserve ratio unchanged. The vote is completely divided. About 60 percent believed that the repo will stand at 7.25 percent for the rest of the year. 10 percent think there will be a cut of 25 basis points, and 15 percent see a cut of 50 bps. Whereas, 15 percent of the sample expects a hike in repo rates. The market is also divided on..........

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