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Economy

Urjit Patel says necessary for RBI to keep its current reserves: report

Updated : November 28, 2018 08:36 AM IST

“These reserves are meant to be used during periods of stress and not for meeting normal needs”, the paper's sources quoted RBI governor Urjit Patel.
The remark indicates that the centre is not likely to receive higher cash transfers soon, the report said.
Urjit Patel says necessary for RBI to keep its current reserves: report
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