RBI’s Dovish Stance Leaves Room For More Rate Cuts If Growth Softens: Report
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The report from HSBC Global Investment Research welcomed the RBI's plans to infuse domestic liquidity in December, saying it could infuse about Rs 1.45 trillion of liquidity. The RBI unveiled plans of Rs 1 trillion of open market operations purchases and a a 3-year USD/INR buy-sell swap of $5 billion.
