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RBI may 'kill excess demand' in economy in six-eight months

The RBI increased the limit for keeping specified securities in the HTM portfolio from 22 per cent to 23 per cent

Topics
Inflation | RBI monetary policy | Indian Economy

Indivjal Dhasmana  |  New Delhi 

inflation
If retail inflation remains above 6 per cent, the RBI, and not the MPC, will have to write a publicly available letter to the government

With remaining at elevated levels, central banks around the world, including the Reserve Bank of India (RBI), will kill excess demand in economy over the next six to eight months, sources in the know said. They also indicated that there could be a rate hike in June, when the forecast for the current financial year would be raised.

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First Published: Thu, May 12 2022. 06:10 IST
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