Annual policy review today

The Reserve Bank will come out with its monetary policy review today amid expectations that it will maintain status quo because retail inflation, especially in food items, is yet to show definite signs of moderation.

"It would be quite a tough call for the RBI in the given scenario... I expect the RBI to maintain status quo," HSBC country head Naina Lal Kidwai told the agency.

RBI has indicated earlier that its priority would be to rein in inflation, although India Inc has been pushing for cut in interest rates as a booster dose for economic growth.


For More information on this news visit : http://www.newsx.com/
Connect with us on Social platform at : http://www.facebook.com/newsxonline
Subscribe to our YouTube Channel : http://www.youtube.com/newsxlive