Pre-credit policy meeting today

The Reserve Bank of India (RBI) will be holding the pre-credit policy meeting today. Bankers are likely to seek some relief from the RBI to cool off inflation, reports CNBC-TV18.

January 11, 2011 / 11:31 IST

The Reserve Bank of India (RBI) will be holding the pre-credit policy meeting today. Bankers are likely to seek some relief from the RBI to cool off inflation, reports CNBC-TV18.

Liquidity, they say, is no more an issue as bankers see an improvement in liquidity scenario. The biggest worry for bankers is deposit growth which has seen sluggish growth.

Bankers will also discuss other issues like microfinance crisis in Andhra Pradesh and will seek exemption from the RBI to amortize their pension liabilities.

Meanwhile the Prime Minister will be chairing a meet to discuss food inflation today. The Finance Minister Pranab Mukherjee, Agricutural Minister Sharad Pawar and Montek Singh Ahuwalia are also expected to attend the meeting.

first published: Jan 11, 2011 08:52 am

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