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HomeEconomyWeak Q2 GDP may prompt RBI to go for a CRR cut:...

Weak Q2 GDP may prompt RBI to go for a CRR cut: Experts

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Economists from major banks expect the Reserve Bank of India to lower the cash reserve ratio this week. This move would help support growth by providing liquidity without changing benchmark rates. The RBI might also use open market operations to manage liquidity. This is in response to lower forex reserves, government cash balance, and foreign portfolio outflows.

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