117: RBI unperturbed by liquidity yet, but odds for rate cuts lower

Mark to Market

English - December 05, 2020 06:57 - 5 minutes - 5.27 MB
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RBI has left its policy rate and stance untouched in its latest meeting.
Contrary to market expectation, it has not indicated a change in its liquidity stance either.
While this has relieved markets, economists are calling it curtains down for rate cuts.