Karan Mehrishi, Lead Economist, Acuité Ratings and Research comments on the expectations from the 4th MPC meet

28 Sep 2018

Dailyhunt | Financial Express | Financial Chronicle | Equity Bills

According to Karan Mehrishi, Lead Economist at Acuité Ratings and Research further liquidity management measures can be expected in the run up to the monetary policy statement. The tightness in the liquidity was clearly visible with the spurt in the weighted average call money rate (WACR) and its differential with the repo rate narrowing to only 4 bps over the last fortnight. RBI has already permitted banks to avail additional liquidity, if necessary from a larger pool of high quality liquid assets (HQLA) which is kept as SLR.

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