RBI Monetary Policy reaction By Mr. Waqar Naqvi, Taurus Mutual Fund
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Below is quote on RBI Monetary Policy reaction By Mr. Waqar Naqvi, CEO at Taurus Mutual Fund
The GDP growth in the current Fiscal year is expected to be good. With the Private Sector gearing up for CAPEX on the back of business optisim in India, the RBI has done the correct thing by being cautious in view of the CPI inflation number. It is not surprising that the RBI has left the key rates untouched.
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