TrackNifty
 
Free Nifty F&O calls for full one year

Saturday, 3 December 2016

Prediction regarding RBI to announce its credit policy on 7th Dec 2016

Hi,

Fifth Bi-monthly Policy Statement for the year 2016-17
 
RBI is going to announce its credit policy on 7th Dec 2016.

Current policy


RBI cuts Repo rate by 25 bps to 6.25%. While Reverse repo rate under the LAF stands adjusted to 5.75%, and the CRR remains unchanged at 4% .


Expectation

It is expected that Repo rate will be cut down by 25 basis points to 6% because of demonetization move by the Indian central government.

Anjum S Khan
admin@tracknifty.com
Admin/Analyst
TrackNifty.com