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Views of Arundhati Bhattacharya, Chairman, SBI on the RBI monetary policy announced

Apr 6th, 2016 6:53 am | By | Category: LATEST NEWS

INDIA-ECONOMY-BANKING

“The RBI decision to cut repo rates by 25 basis points was as per market expectations even as the liquidity management measures were a pleasant gift to the market. The decision to keep liquidity deficit at neutral mode and also narrowing the LAF corridor will result in a predictable and stable liquidity regime going forward facilitating better transmission across financial markets. On the whole, the policy is fairly supportive of the evolving macro scenario.”

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