RBI likely to cut CRR by 0.25%, forward guidance to be dovish: Nomura India
PUBLISHED ON: June 13, 2012 | Duration: 5 min, 57 sec
Ahead of RBI's monetary policy announcement next week, Vivek Rajpal, Rates Strategist at Nomura India tells NDTV profit that a 0.25 per cent CRR cut is likely. However, he expects RBI's forward guidance to be dovish.
