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NOMURA - RBI Expected To Tread A Cautious Path NOMURA - Remain Cautious On Pricing Behaviour Until After GST's Implementation

RBI Will Roll Back Measures When Purpose Served: Rajiv Takru

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If the RBI intended to change policy, they would have tweaked rates, Financial Services Secretary Rajiv Takru says, adding that the entire banking system had seen this as a temporary measure. “The measures can be rolled back in a day. The idea is not to starve the system of funds but to curb speculation in the rupee,” he says.