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RBI has kept sufficient cushion for economy


“The RBI decision will prove very substantial in the first quarter post-GST implementation. Before questioning the judgment of the apex bank on holding rates, one must not forget that it has to keep sufficient cushion for the economy with massive changes that will come about in the next few months in form of REITs, InvITs, GST, and SPVs.”

Deepak Kapoor, Director, Gulshan Homz