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Reversals News
Comment: Naina Lal Kidwai, HSBC India In line with market expectations, RBI raised repo and reverse repo rates by 25 basis points, keeping the cash reserve ratio unchanged. RBI also stated low possibility of a rate rise in the near future. Inflation continues to be an important concern, and anchoring inflationary expectations without hurting growth remains a great challenge for the monetary policy, given its structural nature. In what
Comment: Dharmakirti Joshi, Chief Economist, Crisil Ltd
The rise in repo and reverse repo rates by 25 basis points each indicate that RBI is confident on the growth front but worried about the progress on inflation. Although industrial growth has begun
Comment: Pradeep Jain, Chairman, Parsvnath Developers
With the central bank raising repo and reverse repo rates by 25 basis points to 6.25 per cent and 5.25 per cent, respectively, borrowing rates will go up for consumers as well as for developers.
Comment: Rajeev Malik, Senior Economist, CLSA
RBI raised repo and reverse repo rates by 25 basis points each, just as the markets expected. We had forecast that rates would be unchanged given the recent aggressive tightening. In line with our
Economists see only 25bps tightening on Tuesday
Another ruling disputed by Dolphins
The Miami Dolphins are miffed about another officiating decision involving a play late in their loss to the Pittsburgh Steelers. |
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