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.
ETMarkets Smart Talk: Mid & Small Caps plunge 25%: A buying opportunity or more pain ahead?
The ongoing correction is driven by a mix of valuation concerns, muted earnings growth, and global macro uncertainties. Rising geopolitical tensions and the risk of
March 10, 2025