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RBI may cut CRR by 0.25 pc: BoA-ML

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News from the Real Estate and Financial / business sector to keep you updated. These are taken from RSS feeds, please click on the link in the article to read the complete news.

RBI may cut CRR by 0.25 pc: BoA-ML

Postby autoBOT » Fri Jul 05, 2013 4:30 pm

A Bank of America-Merrill Lynch report says RBI is likely to cut the cash reserve ratio by 0.25 per cent in its bid to revive growth, but the continuing rupee volatility may prevent it from cutting short-term lending rate at its first quarter policy review.

Fri, 05 Jul 2013 10:42:52 GMT
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