India Flash: RBI leaves rates unchanged, but cuts the cash reserve ratioas government acts on reforms
Published on Sunday, September 16, 2012
India Flash: RBI leaves rates unchanged, but cuts the cash reserve ratioas government acts on reforms
Summary
As expected, the Reserve Bank of India (RBI) today left its key repo rate unchanged at 8.0% in light of persistent inflation, but reduced the cash reserve ratio (CRR) by 25 bps to 4.5%
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- Asia
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- Macroeconomic Analysis
Authors
BBVA Research
BBVA Research
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Report (PDF)
120917_Flash_India_Govt_pushes_reforms_RBI_obliges_tcm348-357456.pdf
English - September 16, 2012