Saturday, June 7, 2014

NO SURPRISES IN MONETARY POLICY

........Due to persistent inflation levels and subdued economic growth the central bank has been hawkish about the key interest rates in the past few quarters, keeping the rates tight including liquidity in an effort to contain the surge in inflation. But for a change this time the RBI’s stance has been more dovish than hawkish, signalling a positive sentiment post-election results. Perhaps the RBI too expects ...........

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