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Experts' Take

Pradeep Jain, Chairman, Parsvnath Developers

Mr. Pradeep Jain

RBI has played very cautiously by just cutting SLR by 50 bps and not touching key rates. The apex bank was under pressure to release some Fund in the market to boost purchase. By cutting SLR, it has subtly allowed banks to lend more without impacting inflation.

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