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RBI likely to hold policy rates, expect total of 125 bps cut by mid-FY22: CLSA report

Updated : September 29, 2020 07:20 PM IST

According to a Bloomberg survey, bond traders expect the government to raise its borrowing estimate for the October-March period by Rs 1 trillion to Rs 6 trillion.
We forecast a 50 bps cut to 3.50 percent by end-FY21 and a further 75 bps cut to 2.75 percent by mid-FY22, the brokerage report said. 
RBI likely to hold policy rates, expect total of 125 bps cut by mid-FY22: CLSA report

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