RBI likely to ease repo rate by 25 bps on March 19: Poddar

While the RBI action was ahead of market expectations, we were expecting them to ease more on repo rather than CRR, says Tushar Poddar, Goldman Sachs.

January 30, 2013 / 08:44 IST

Tushar Poddar, Goldman Sachs said, "While the RBI action was ahead of market expectations, we were expecting them to ease more on repo rather than CRR as a front-loaded cut on the repo would have helped lower interest rates in the economy faster. We now think that the RBI will likely ease the repo rate by 25 bps in its March 19 policy meeting."

first published: Jan 30, 2013 08:44 am

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