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FinMin sees 25 bps CRR hike in Credit Policy: Srcs
Published on Fri, Jul 18, 2008 at 17:08 , Updated at Fri, Jul 18, 2008 at 21:15
Source : CNBC-TV18
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By Abhijit Neogy/CNBC-TV18 Sources in the Finance Ministry see a 25 bps CRR hike in the forthcoming Credit Policy, reports CNBC-TV18. The ministry favours no hike in the repo rate, and sees growth in money supply cooling off soon. "The upward bias in interest rates will continue for sometime." CNBC-TV18 Disclaimer This information has not been provided to the stock exchanges, and is source-based. |
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