Fwd: Monetary Policy Expectations; RBI's Second Quarter Review: 2011-12

[Deepak Vaishnav]

 

Monetary Policy: Expectations

RBI’s Second Quarter Review of Monetary Policy 2011-12

 

n     Inflation has remained above 9% for 10 consecutive months – Persistently high

n     IIP numbers peaked out; Growth – Marginal slowdown expected going ahead

n     Liquidity expected to remain tight; CRR, SLR to be unchanged

n     Considering the growth inflation dynamics we expect the RBI to hike the Repo rate by 25 bps to 8.5%

 

Regards,

Meghna Patel Shah Senior Manager - Fixed Income | Emkay Global Financial Services Ltd. | www.emkayglobal.com | Email : meghn...@emkayglobal.com  Board No. : +91-22-66121212 | Extn. 463: | DID : 66121463 | Mob : +919820800977 |