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“Hoping For Reversal Of Some RBI Liquidity Tightening Measures”

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September 13: “Raghuram Rajan comes in with a lot of global equity,” says Shikha Sharma of Axis Bank. The measures announced by the new RBI governor cheered currency market and were encouraging, she says, but hopes the governor will reverse some of the liquidity tightening measures. “Continued tight liquidity is neither good for markets nor the economy and I hope some of these measures are reversed at the coming policy meet,” she says.