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Tuesday, 24 January 2012

RBI Credit Policy

A CNBC-TV18 poll of bankers and economists shows that 95% expect the RBI to leave repo rates unchanged while 35% respondents see a 50 bps CRR cut. The RBI's tone is expected to sound more dovish but an overwhelming 80% of the market expects RBI to lower the GDP growth forecast to 7-7.5%, reports CNBC-TV18's Gopika Gopakumar.
Here is a snap shot:
Move on CRR Leave unchanged -----50%
Cut by 25 bps -----15%
Cut by 50 bps ----- 35%




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