Expect CPI Inflation At 5.8% In January 2016
Policy must be stable and predictable
US Fed Not The Central Issue While Deciding Monetary Policy
Will Work W/govt To Remove Impediments For Banks To Pass On 125 bps Rate Cut
Foreign Investment Limits In Debt Will Be Fixed In Rupee Terms
Expect CPI Inflation To Average Around 5.5% In Oct-Dec & 5.8% In Jan-March
Focus Should Now Shift To Bringing Inflation Down To 5% By FY17-end
Cut FY16 GDP Growth Target To 7.4% From 7.6%
Hike In Foreign Invst Limit In Bonds To Be Announced Every March, Sep
Low Global Food Prices A Source Of Comfort
Trying To Keep Weighted Average Call Rate Close To Policy Rate
Do Not Want Excess Liquidity In Money Markets
Global Growth Has Moderated,Especially In Emerging Markets Since Aug
Biggest Risk To Inflation Is On Services Side