...... Inflation, after all, still remains the RBI’s biggest enemy, and he has attempted to oil the slowing growth engine a bit by infusing fresh liquidity (the CRR cut is effective 10 March). Some, however, are betting on a 25 basis points cut in the repo rate soon. This is a bold RBI governor. And he has the ability to surprise either way. And as of now, he holds all the aces.
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