RBI unlikely to hike rates in rest of FY19: SBI report

RBI to pump liquidity worth Rs 12,000 cr on Nov 15

Mumbai: The Reserve Bank of India (RBI) would inject Rs 12,000 crore into the market by purchasing government securities on November 15, 2018. The decision comes amid concerns of a liquidity crisis in the economy after the financial services company IL&FS reported defaults in September. “Based on an assessment of[Read More…]

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