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Unlikely RBI Steps Will Be Rolled Back: Siddhartha Roy

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July 30: The RBI policy announcement spurred a market reversal as bonds yields rose, equity markets erased gains and rupee weakened. Axis Bank’s Saugata Bhattacharya says markets have taken into account future moves. Meanwhile, Tata Group’s Siddhartha Roy says, “If we cannot expect anything much from the future, it’s unlikely RBI will roll back its measures.”