Though banks have not reduced lending rate as such after the fourth bi-monthly policy, many have reduced the spread in their retail portfolios
Say policy as per expectation; barring any surprises, rate cut likely in Feb
Stocks recover on the central bank hinting rate-cuts early next year
Most Asian currencies trading stronger against the dollar
Most economists think RBI will wait till Feb or April to ease rates, despite sharply lower inflation
Intervened via state-run banks to absorb major part of rupee liquidity infused by its buying of dollars to bolster reserves
A Crisil report says a reversal of policy at this juncture could jeopardise the recent gains on inflation
It had fallen to multi-month low of 62.25 earlier
As a government-owned behemoth, Life Insurance Corporation managed to stay ahead of the competition when the sector was thrown open - but only with some painful changes
Rupee ends at 62.03 compared with previous close of 61.88; Bond yield at 8.09%
On the week, the rupee dropped nearly 0.5%
Almost all Asian currencies are weaker against the dollar
Say the RBI may cut rates only next year
RBI is being widely expected to hold rates in its policy review
Rupee seen moving in a 61.70 to 62.10 range until RBI policy
But says rates will likely be kept on hold
At the forex market, the domestic unit commenced a tad higher at 61.85 a dollar from previous close of 61.86
As banks struggle with high levels of exposure to the sector, a separate fund for power projects is seen as the next best solution