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Little Room For RBI To Relax Liquidity: Manishi Raychaudhuri

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September 25: We don’t see rates being cut in the near future, says Manishi Raychaudhuri, MD & HoR at BNP Paribas Securities. The RBI governor’s focus is clearly on controlling inflation, he says, adding that although core inflation seems to be under control, it could increase going forward. “The weak rupee has increased the prices of commodities too and I won’t be surprised if the manufactured product inflation goes up as well in the last 3-6 months of the year,” he adds.