RBI Expected To Hike Rates, CRR
The Reserve Bank of India will announce its annual monetary policy on April 20, 2010. In an exclusive interview with CNBC-TV18, Indranil Sengupta, Chief Economist, DSP Merrill Lynch, speaks about his expectation from the monetary policy.
As Indranil Sengupta said on CNBC-TV18, “We are looking at the RBI hiking rates and the CRR by 25 basis points on Tuesday and also tightening provisioning requirements on bank lending to real estate norms.”
Read the article in MoneyControl, Expect RBI to hike rates, CRR by 25 bps on April 20: DSP ML.