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Fiscal Deficit: Expect RBI to maintain operative policy rate at higher end

RBI is expected to maintain operative policy rate at higher end of LAF corridor with deficit system liquidity at 1% of NDTL till clarity emerges on trending in growth momentum and headline inflation, says Moses Harding, Head - ALCO and Economic & Market Research, IndusInd Bank.

March 12, 2012 / 18:41 IST
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RBI is expected to maintain operative policy rate at higher end of LAF corridor with deficit system liquidity at 1% of NDTL till clarity emerges on trending in growth momentum and headline inflation, says Moses Harding, Head - ALCO and Economic & Market Research, IndusInd Bank.

RBI has done its best to address the structural imbalance in system liquidity. It is expected that deficit system liquidity will be close to RBI

first published: Mar 12, 2012 06:37 pm

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