Profit

Don't expect interest rate cut in January policy Barclays Capital

PUBLISHED ON: January 16, 2012 | Duration: 6 min, 21 sec

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Siddhartha Sanyal, Chief India Economist at Barclays Capital told NDTV Profit that RBI's priority is shifting very significantly these days because growth has surprised them downside these days. However, he added that the fall has not been so drastic as to make RBI cut interest rate. "They are very close to move down anytime soon. But we don't really expect it in the January policy itself," he said.
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