(Bloomberg) -- India's central bank will probably
keep its benchmark interest rate unchanged for a second quarter
as slower credit growth helps curb inflation.
Reserve Bank of India Governor Yaga Venugopal Reddy will
leave the overnight lending rate at 7.75 percent, according to
all 19 analysts in a Bloomberg News survey. The quarterly
monetary policy statement is due at noon in Mumbai tomorrow.
Read more at Bloomberg Emerging Markets News
keep its benchmark interest rate unchanged for a second quarter
as slower credit growth helps curb inflation.
Reserve Bank of India Governor Yaga Venugopal Reddy will
leave the overnight lending rate at 7.75 percent, according to
all 19 analysts in a Bloomberg News survey. The quarterly
monetary policy statement is due at noon in Mumbai tomorrow.
Read more at Bloomberg Emerging Markets News
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