Summary: rate unchanged. According to Ajit Ranade, Chief Economsit, AV Birla Group the central bank's intention behind the move is to micro-target risk weights for certain categories of loans. He says, If you look at the RBI's mandate with inflation, growth and credit flow to the corporate sector and credit flow to the economy, it looks like they have chosen to focus purely on
Image Dimensions: 125 x 140
Image originally found here.