How long will it take India to recover from the pandemic?
Finshots Daily
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Finchorts Daly - A Brief Review
Banks will now be seeing banks hold on to more cash. Every time ar b i tunes the figure upwards, it becomes more expensive for corporates and individuals to borrow money. For every percentage point increase in surplus liquidity, the average inflation could rise by about six t basis points in a year. India isn't immune to inflationary pressures. If the arbia doesn't do something about it, they'll be breaking their own mandate of containing inflation.
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