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Going beyond policy statement, RBI gives guidance

A change in stance (to neural) or even a rate cut is not ruled out next year, writes Tamal Bandyopadhyay.

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Urjit Patel  |  Reserve Bank Of India  |  Interest Rates

Tamal Bandyopadhyay 



Urjit Patel
Urjit Patel, RBI Governor
Tamal Bandyopadhyay

The fifth bimonthly monetary policy statement of the (RBI) had no surprise as the central bank’ action-- or, the lack of it--has been on the expected line but going beyond the statement, for the first time, governor and deputy governor Viral Acharya have given guidance to the markets.

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First Published: Wed, December 05 2018. 18:09 IST

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