the CPI Target of 6% BY January 2016 can be met.There are a number of disinflationary reasons such as decreasing crude oil prices and relative stable rates are positive for inflation says governor Raghuram Rajan.
There is an expectation that if the inflation increases in the coming months due to the global commodity on one side and on the other side to lower the food and wage inflation said Dinesh Thakkar,Chairman and MD,Angel Broking.
There is an amendment made by the RBI in the liquidity bonds which has increased to 0.75 from 0.50 .
The RBI reduces the ceiling on SLR securities under HTM from 24% to 22%.Decrease in HTM limits is due to the liquidity coverage ratio.
The fourth bi monthly monetary policy review meet of RBI was a non event.The markets have surged higher after the policy meeting led by gains in capital goods,auto and banks.