Reserve Bank of India governor D Subbarao to hold pre-policy meet today

MUMBAI: Reserve Bank of India governor D Subbarao will hold a customary pre-policy meeting with the chiefs of some of the large commercial banks on Tuesday.

During the meeting, the governor will try to gauge bankers’ view on liquidity conditions, credit demand and expectations of bankers from the central bank. The RBI is scheduled to announce its halfyearly policy on October 25. Besides the bank chiefs, RBI’s four deputy governors will also attend the meeting.