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Indicates Rajan focus on liquidity management

Abhishek Bansal

Rajan’s final monetary policy stance has kept the interest rates unchanged indicates his focus on liquidity management to boost business confidence and growth oriented initiatives. This along with the passage of the GST Bill and the disbursement post the 7th Pay Commission will add to consumer demand and spending.

Mr. Abhishek Bansal, Executive Director Pacific India (Pacific Mall).