Three analysts see no RBI rate cut on Tuesday

Mon Jan 28, 2013 12:24pm IST

The Reserve Bank of India (RBI) logo is pictured outside its head office in Mumbai July 26, 2011. REUTERS/Danish Siddiqui/Files

The Reserve Bank of India (RBI) logo is pictured outside its head office in Mumbai July 26, 2011.

Credit: Reuters/Danish Siddiqui/Files

Related Topics

Stocks

   

Reuters Market Eye - Just three analysts expect the RBI to hold interest rates steady at its policy review on Tuesday, going against the overwhelming consensus for a 25 bps cut reflected in a poll in mid-January.

IndusInd Bank (INBK.NS), Dun and Bradstreet and Commonwealth Bank of Australia(CBA.AX) are the standouts from the poll.

If these three financial firms are right, traders expect a huge sell-off in bonds, equities and the rupee.

RBI Governor Duvvuri Subbarao earlier this month sparked much debate in markets after calling inflation "still quite high", though he has also noted inflation has eased.

(Reporting by Swati Bhat)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

DIPLOMACY

REUTERS SHOWCASE

Moody's on Inflation

Moody's on Inflation

Persistent inflation hurting India's sovereign ratings - Moody's  Full Article 

GDP Preview

GDP Preview

Economy likely grew faster in June quarter: Reuters poll.  Full Article 

Asian Market

Asian Market

Shares edge up on steady Wall Street  Full Article 

Chance For Reform

Chance For Reform

India's coal crunch - a chance to revamp, reallocate and revive.  Full Article 

Road to IPO

Road to IPO

Mega-IPO to rekindle the 'bromance' behind Alibaba's rise  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage