Tuesday, August 7, 2012

Rate action unlikely in RBI policy meet on 17th September: Killol Pandya, Daiwa Mutual Fund

.....here is also seemingly a lack of fiscal steps to assist in the monetary actions which RBI has undertaken in the past. So, in that context, we welcome the situations where we are seeing liquidity improve significantly more than what we all thought it will improve. That is assisting the reduction in short-term yields in the 1- to 3-month segment. Therefore, it is a welcome situation.......

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