Buoyed by better than expected
GDP growth of 7.9 percent in the second quarter, the Reserve
Bank said it will have to raise the country`s growth
outlook for 2009-10 from the current estimates of 6 percent.
The Reserve Bank is likely to
keep interest rates unchanged in its quarterly monetary policy as there is little pressure on the central bank to further take liquidity easing measures, according to Moody`s.