RBI to unveil fourth bi-monthly policy on Sept
30
04/09/2014 16:49
The Reserve Bank of India will announce the fourth bi-monthly monetary policy review, 2014-15 on September 30, 2014 at 11.00 a.m., according to an official statement.
According to market experts, the RBI is likely to maintain status quo in the forthcoming policy review, with many ruling out the chances of any reduction this year.
Continuing its vigil on inflation, RBI Governor Raghuram Rajan, in his last policy meet, had kept its key policy repo rate unchanged at 8 per cent, while reduced bank’s SLR (statutory liquidity ratio) by 0.5 percentage points to 22 per cent.
04/09/2014 16:49
The Reserve Bank of India will announce the fourth bi-monthly monetary policy review, 2014-15 on September 30, 2014 at 11.00 a.m., according to an official statement.
According to market experts, the RBI is likely to maintain status quo in the forthcoming policy review, with many ruling out the chances of any reduction this year.
Continuing its vigil on inflation, RBI Governor Raghuram Rajan, in his last policy meet, had kept its key policy repo rate unchanged at 8 per cent, while reduced bank’s SLR (statutory liquidity ratio) by 0.5 percentage points to 22 per cent.
