RBI MPC may announce liquidity measures alongside rate hike
The Reserve Bank of India (RBI) is expected to announce measures to manage surplus liquidity, potentially including cash reserve ratio (CRR) adjustments, alongside a likely rate hike on October 7.
The Reserve Bank of India (RBI) may announce measures to manage surplus liquidity alongside a likely rate hike at the October 7 policy outcome, with market participants divided over whether the central bank should opt for temporary tools or a more durable measure such as a cash reserve ratio (CRR…