Inflation down at 11.99%

Inflation for the week ended September 20 down at 11.99% Vs12.14% a week ago. RBI is unlikely to change short-term lending and borrowing rates-- repo and reverse repo-- in the upcoming policy review. There would be a pause on the rate tightening cycle, they said. "By the end of October or early November, the first tranche of Rs 25,000 crore to banks for their outgo on farm debt waiver would be released which is more than about one per cent CRR cut," the sources said.