RBI likely to keep key policy rate unchanged on January 28

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RBI likely to keep key policy rate unchanged on January 28

This article was posted on Jan 26, 2014 and is filed under Market News

NEW DELHI: The Reserve Bank is likely to maintain status quo in its third quarter monetary policy review on Tuesday despite the clamour for cutting rates to boost sagging growth in view of some moderation in inflation.

“I think status quo will be maintained by the RBI,” Oriental Bank of Commerce Chairman and Managing Director S L Bansal told PTI.

Echoing similar views HSBC India country head Naina Lal Kidwai said: “I believe that RBI will keep interest rate unchanged in thi ..

Read more at:
http://economictimes.indiatimes.com/articleshow/29389760.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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