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Industry Welcomes RBI’s Monetary Policy Stance; Hopes For Retaining Stimulus

Along with the welcoming of RBI’s reviewed monetary policy, the FICCI and other industry think tanks have expressed hope of the retention of stimuli package, since the signs of economic recovery have not yet been stabilized. The Reserve Bank of India (RBI) slightly tightened its monetary policy by raising the statutory liquidity ratio by 100 basis [...]
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