RBI may cut CRR by 0.5%, revise inflation projection upwards: Jay Shankar
PUBLISHED ON: October 26, 2012 | Duration: 6 min, 09 sec
The reserve bank of India is expected to cut CRR by 0.5 per cent at its policy review on Tuesday, according to economist Jay Shankar as the light liquidity conditions could justify a CRR cut. Jay Shankar also expects the RBI to revise its inflation projections upwards
