RBI, today come up with the review of monetary policy for the third quarter.
CA SURENDRA KUMAR RAKHECHA
(Practising CA at Surat)
(26263 Points)
Replied 30 January 2010
Thank god that except CRR increase there is no change in the parameters by the RBI. Rs.36,000 crores will be out from the banking system and it may be possible that to some extent inflation will be controlled. GDP estimate is also encouraging.