In your interest: how RBI policy impacts you

Paromita Chatterjee, CNN-IBN | May 03, 2008 at 08:12pm

The new credit policy of Reserve Bank of India (RBI) has increased the cash reserve ratio by 0.25 per cent and kept the repo, reverse repo and bank Rates unchanged. How will the RBI’s credit policy impact your investment? As many as 78 per cent respondents on a IBNlive poll said interest rate would rise. All about the money asks Ajit Ranade, chief economist of the Aditya Birla group, and Indraneil Pan, chief economist of the Kotak Mahindra Bank, is that a possibility and how investors must benefit after the new credit policy.

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