RBI is expected to maintain operative policy rate at higher end of LAF corridor with deficit system liquidity at 1% of NDTL till clarity emerges on trending in growth momentum and headline inflation, says Moses Harding, Head - ALCO and Economic & Market Research, IndusInd Bank.
RBI has done its best to address the structural imbalance in system liquidity. It is expected that deficit system liquidity will be close to RBIDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!