RBI to unveil mid-quarter monetary policy review - NewsX

The Reserve Bank of India will unveil its credit policy review today, and the big question is, will the RBI governor continue with the reforms push that the government initiated. Expectation is high on the RBI coming to the party and slash lending rates, but for the inflation phantom that has raised its fangs yet again. Ironically, the flurry of events last week with diesel price hike and the third round of monetary easing have only compounded problems for Subbarao. Analysts say the RBI governor may wait some more time to cut rates.

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