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RBI preview: Commentary on liquidity stance, managing govt borrowing key; see rates & stance unchanged

The recent budget has focused on supporting growth and thereby the government has announced higher than expected fiscal deficit target and gross borrowing. The Finance Minister announced higher than expected government borrowing of Rs 12 lk cr for FY22 and additional borrowing of Rs 80000 cr over the next 2 months which led to a spike in 10-year yield by nearly 18bps to 6.08% at 5 month high. The Governor’s commentary on how actively will they support bond markets to keep a check on rising in long term yield will be crucial for bond markets. A lot of economists expect RBI policy normalization beginning with first liquidity normalization and some economists see the RBI hiking rates in CY2022. Hence commentary on how comfortable is the RBI with current liquidity surplus and liquidity management will be crucial besides how long will the RBI continue with accommodative stance. CRR now stands at 3% and CRR reversal of 100bps is effective from end Mar2021, watch out for will the RBI ex

Karan Veer Mehra And Nidhi V Seth Tie The Knot; See Pictures Of The Newly Wed Couple

Karan Veer Mehra And Nidhi V Seth Tie The Knot; See Pictures Of The Newly Wed Couple. Follow Pavitra Rishta actor Karan Veer Mehra is a married man now. The actor tied the knot for the second time with actress Nidhi V Seth on the 24th of January. Now, the actor has shared pictures from the wedding on his social media. The actor had an intimate Gurudwara wedding that was attended by just a handful of guests which included the couple s close friends and family. Sharing some pictures from the wedding, the Pavitra Rishta actor wrote, Happy married life to us .. @nidhivseth . #life #love #married.

Turnaround hopes for rupee fade over RBI s stance on forex reserves

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