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Expect a spill-over of Yes Bank fiasco on the economy, says Nomura India’s Sonal Varma

Updated : March 06, 2020 11:08 AM IST

Expect the central bank to deliver an additional 50 bps rate cut by June, said Nomura India
If you have domestic credit risk and a global slowdown hitting together, the aggregate impact on the asset quality cycle and on growth could be a lot larger.

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