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RBI may drain liquidity before rate action: Adviser
The Reserve Bank of India (RBI) is likely to drain liquidity before any possible rate action, a top policy adviser said on Thursday.
The Reserve Bank of India (RBI) is likely to drain liquidity before any possible rate action, a top policy adviser said on Thursday.
C Rangarajan, chairman of the Prime Minister's Economic Advisory Council, also said inflation is more generalised than before.
