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Expect non-interest rate measures from RBI this week

By Economic Times - 10 months ago
The Reserve Bank's MPC is expected to focus on non-interest rate measures and liquidity measures in its upcoming meeting. The government's lower-than-expected borrowing programme and decrease in fiscal deficit support long-end bond yields. RBI is likely to keep the policy repo rate unchanged and continue with hawkish guidance. Inflation expectations may be managed through liquidity measures.

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