According to Moody's, RBI is likely to squeeze supply of money in the system by asking banks to keep more amount with them but will refrain from signalling a hike in interest rates.RBI is expected to opt for only a 50-basis point hike in the CRR while refraining from increasing the repo and reverse repo rates.
Source: http://economictimes.indiatimes.com/news/economy/policy/RBI-may-not-signal-interest-rate-hike-Moodys/articleshow/5489878.cms
RBI MAY NOT SIGNAL INTEREST HIKE: MOODY'S
Labels: BANKING N FINANCE
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment