Tuesday, 22 January 2013

RBI Policy Review 29th January 2013- Expect 50bps repo rate cut

 

 

 


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RBI policy review will be keenly watched and we expect a 50bps repo rate cut      

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RBI Policy Review 29th January 2013

Why RBI will cut repo rate by 50bps

RBI will reinforce its qualitative growth objective (growth sans inflationary pressures) by cutting rates by 50bps and telling the government that it is appreciative of its efforts on fiscal consolidation. RBI will also tell the government to continue its efforts on bring down subsidies and other wasteful expenditure and that the central bank will then help the cause by easing policy rates further.

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Have a good day

Regards

 

Arjun Parthasarathy

Editor: Investors are Idiots.com

www.investorsareidiots.com

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