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RBI monetary policy: Patel does a Powell; deputy governor does a Draghi

Updated : December 06, 2018 07:03 AM IST

Basically, RBI governor Urjit Patel is telling us that inflation shall remain under or at 4 percent for practically the entire next 12 months.
Two fund managers told CNBC-TV18 that corporates are already returning to the liquid and fixed income funds.
Likewise, the rule that companies must borrow 40 percent of their working capital limits as a clean loan is welcome.
RBI monetary policy: Patel does a Powell; deputy governor does a Draghi

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