Expect 25 bps rate cut, says Sajiid Chinoy, JPMorgan

We believe a 25 bps rate cut is likely today, though its remains a close call. In addition, given tight interbank liquidity, a 25 bps CRR cannot be ruled out to facilitate monetary transmission, says Sajiid Chinoy, JPMorgan.

October 30, 2012 / 08:52 IST

Sajiid Chinoy, JPMorgan said, "We believe a 25 bps rate cut is likely today, though its remains a close call. In addition, given tight interbank liquidity, a 25 bps CRR cannot be ruled out to facilitate monetary transmission, though we remain more agnostic on the mix of instruments that could be used in the easing."

first published: Oct 30, 2012 08:43 am

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