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FROM ANI - Bank Of India Bulding Catches Fire In Fort Area, Mumbai SPICEJET - Launches Second Daily Direct Flight Between Kolkata-Dhaka

Very Realistic Monetary Policy: Nomura

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April 1: The Reserve Bank of India announced its bi-monthly monetary policy for FY15. Keeping the rates unchanged, RBI announced that further rate hikes will not be required if inflation does head lower. Harsha Subramaniam discusses the policy in detail with HDFC Bank’s Ajay Marwaha, Kotak Mahindra Bank’s Shanti Ekambaram and Nomura’s Sonal Varma.