Friday 3 May 2013

RBI 3rd May 2013 Policy Review

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 4th May 2013
 
RBI 3rd May 2013 Policy Review
 

Hi Promofree

RBI Shows its Dovish Stance Despite Hawkish Statements

The RBI governor Dr. D. Subbarao is saying he is hawkish on rates but his actions suggest that he is dovish on rates. The Central Bank cut the benchmark policy rate, the repo rate by 25bps in its annual policy statement today.

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Arjun Parthasarathy

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