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Monetary Policy Expectations

Monetary Policy Expectations
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First Published: Mon, Jul 27 2009. 12 24 PM IST

Updated: Mon, Jul 27 2009. 12 24 PM IST
At its upcoming First Quarter Review of Monetary Policy for 2009-10, we expect the Reserve Bank of India (RBI) to maintain a status quo on interest rates.
As a result, we expect the RBI to maintain the Cash Reserve Ratio at 5.00%, LAF Repo and LAF Reverse Repo rate at 4.75% and 3.25% respectively.
We also do not expect the RBI to announce any changes in SLR. The policy stance is expected to continue to remain accommodative with RBI promising to ensure surplus liquidity situation.
Click here for a detailed report from IDBI Gilts
Click here for a detailed report from Sharekhan
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First Published: Mon, Jul 27 2009. 12 24 PM IST
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