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CLSA: Capital infusion in PSUs a plus but push on rate cut a risk

Updated : August 26, 2019 08:52 AM IST

An upfront recap of PSU banks within budgeted levels, refinancing lines to housing financiers, and support for a credit guarantee for NBFCs are three of the key positives from the announcements, CLSA said in a research report.
The potential negative factor that the brokerage is largely concerned about is the repo rate. "
CLSA: Capital infusion in PSUs a plus but push on rate cut a risk

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