The financial world will watch the Reserve Bank’s crucial meet on Monday for varying reasons, including Urjit Patel’s next move on whether he will continue at the helm of RBI, due to the growing differences between the central bank and the government. However, market participants will be more glued to the RBI’s moves on liquidity norms. If it eases the norms, as the Centre wishes, then shares of most PSU banks and NBFCs will see instant momentum.
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