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RBI maintains Status Quo on rates, pro-easing in the next quarter - Mid-Quarter Policy Review Meet - December 2012

Guidance:

Liquidity conditions will be actively managed to support growth
Monetary policy easing to be implemented in the fourth quarter.
RBI is mindful of persistence of inflationary risks even as it shifts focus to growth in the next quarter.

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Priority for Better Prosperity

We need to agree on what the biggest problems are, and how to remedy them. Here is the case for focusing on growth above all, and acting to enable it. “People are starting to question the long-term Indian story… For the time being, people are just giving up... With growth in the fourth quarter o…

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2 blog posts
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