DG - Monetary policy review: Sharekhan Special dated January 29, 2008

Sharekhan Special [January 29, 2008] Please see the attachment for details Sharekhan www.sharekhan.com

Summary of Contents SHAREKHAN SPECIAL  Monetary policy review            Belying our expectations of a 25-basis-point rate cut, the Reserve Bank of India (RBI) maintained the status quo for all key rates. A 75-basis-point cut in the interest rates by the US Federal Reserve (Fed) had renewed expectations that the RBI would follow suit. However, these expectations were not met due to continuing inflation concerns on the domestic front and an increasingly worsening international situation.

Regards, The Sharekhan Research Team myaccount@sharekhan.com

 

 

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