Scheduled Bank's Statement of Position in India as on Friday, January 24, 2014
The Reserve Bank of India today released the Macroeconomic and Monetary Developments Third Quarter Review 2011-12. The document serves as a backdrop to the Monetary Policy Statement to be announced on January 24, 2012.
The Reserve Bank of India will announce the third quarter monetary policy review on January 24. Robert Prior-Wandesforde, head of India and South East Asia economics at Credit Suisse says, January move is very unlikely. “I think it is little early to expect a move in January.”