Credit policy on April 28

Dr. Y.V. Reddy, Governor of Reserve Bank of India (RBI), will announce the annual policy statement for 2005-06 on April 28, 2005.

"He will announce the policy in a meeting of chief executives of major scheduled commercial banks on April 28, 2005 at 11 a.m. at the Reserve Bank of India Central Office, Mumbai," an official RBI release said today.