RBI decison to keep the interest rate ( Repo rate ) unchanged at 8% was not a surprising news for Bankers , as most of them had projected in the same line
RBI has been keeping the interest rate on hold as against the Inductry expectation of lowering it , who has been citing that decreasing inflation rate justify a rate cut
RBI thinks otherwise . As per RBI it is too early to conclude that Inflation has come under control
But the god news is that RBI has indicated for a rate cut in early 2015
Inerest rate cut is very critical for Industry growth and profitability .
So till no news comes it is the RBI way interest rate will go and not what Government thinks .
RBI has been keeping the interest rate on hold as against the Inductry expectation of lowering it , who has been citing that decreasing inflation rate justify a rate cut
RBI thinks otherwise . As per RBI it is too early to conclude that Inflation has come under control
But the god news is that RBI has indicated for a rate cut in early 2015
Inerest rate cut is very critical for Industry growth and profitability .
So till no news comes it is the RBI way interest rate will go and not what Government thinks .
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