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Review of Monetary Policy - Today

Today is the Credit Policy day. RBI will release the Credit Policy today and the markets are eagerly waiting for the same.

It is expected to see an increase of 25 basis points in the repo and reverse repo rates.

So, for those who are waiting for good FD rates, expect the same soon.
If you remember, Review of Monetary Policy was my second post (on 28th Jan 2009). For those who want to know, what is SLR, CRR, LAF, Repo, Reverse Repo rates, please have a look at the blog posting (http://gopalramanan.blogspot.com/2009/01/third-quarter-review-of-monetary-policy.html).


Will post tomorrow on the review of the policy.

Cheers,
Gopal

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