Though it is unfortunate that the Central bank left all policy rates unchanged today ,we are still hopeful and understand that maybe the policy makers are waiting till 31 December to see the Final outcome of demonetisation post which an aggressive announcement on rate cuts will be made sooner than later. At this point in time the confidence of the Indian public needs a boost and we are sure that the government will certainly step in to ensure that India's growth story is not disrupted in any manner whatsoever. Although Governor has said , in reply to a question , that midway review is possible as d situation pans out . Thats a saving grace . Predicament of d Gov in this extremely fluid situation is quite understandable Jaxay shah National President Elect Credai Jaxay shah .
Dec 07, 2016