RBI MAY SHIFT TO POLICY EASING BY JANUARY END
INFLATION REMAINS THE CORE ISSUE
2012-12-18 13:18
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The Reserve Bank of India, in its mid-quarter policy review, as 2012 winds down, has left all key rates of interest unchanged but provides a clear indication of a shift to easing policy to support growth, if current pace of moderation in inflation is maintained going into 2013. A tangible move in this regard is likely in RBI’s Third Quarter Policy Review on January 29.