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HomeNewsOpinionAs MPC holds rates, RBI impounds excess liquidity to counter upcoming inflation surge

As MPC holds rates, RBI impounds excess liquidity to counter upcoming inflation surge

Gaurav Kapur   •

The upward shift in the inflation trajectory, with strong domestic growth impulses, also signals that the MPC can maintain and extend this pause over the rest of the year, provided that the actual inflation prints are in line with the projected path 

RBI Governor Shaktikanta Das (File pic)

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