Thursday, July 31, 2014

A good time to start reducing policy rate

............In other words, the economy is trying to enter a positive territory. Given this scenario, one would expect RBI to move towards ensuring availability of adequate liquidity. The central bank has already taken cognizance of it. The budget has a provision for “lending to infrastructure sector with minimum regulatory pre-emption such as CRR, SLR and priority sector lending”.................

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