The accommodative stance and many liquidity boosting measures by the Monetary Policy Committee on Friday left economists divided over the scope of a rate cut this fiscal, with some expecting it in February while others ruling it out citing higher inflation. Earlier in the day, RBI Governor Shaktikanta Das left the key policy rate unchanged at 4 per cent, but …
The Reserve Bank of India left key interest rates unchanged on Friday but signalled more easing ahead to support an economy that it sees contracting 9.5 per cent in the current fiscal. Earlier in the day, RBI Governor Shaktikanta Das left the key policy rate unchanged at 4 per cent, but offered a host of measures to contain the bond …
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