The Reserve Bank of India,RBI, will announce the Mid-Quarter Review of its Monetary Policy today. India Inc hopes that the central bank will lower interest rates. ASSOCHAM President Rajkumar Dhoot said, it is time the RBI get rid of its obsession with the inflation numbers while completely ignoring grave situation thrown in by constantly decelerating industrial growth. He said, it is merely not enough to pass the blame on government and suggest that the RBI has run out of the monetary tools in the wake of a large fiscal deficit and the rising current account deficit. SBI chairman Pratip Chaudhuri does not see the repo rate coming down, but expects a 1 per cent cut in the CRR. Union Bank head D Sarkar and OBC chief SL Bansal hope the RBI will ease repo rates by 0.25 per cent.