business
Credit policy: Will RBI bite the bullet on June 18?
A rate cut from RBI seems to be the demand of the hour. The industry wants it, the government wants it and market players want it. The ball is now in RBI's court. Gopika Gopakumar and Arvind Sukumar report that the markets are hoping and praying that a rate cut may come even before the June 18 policy meeting.
first published: Jun 8, 2012 09:56 pm