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Ravi Yadav
RaviYadav_39
To add further as dollar liquidity glut reaches the eurodollar market, generally we see a sharp jump in ext com borrwing (ECB) by Indian corporates. Now this is something tricky
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Nothing much RBI shld do here. Its the fiscal side which can absorb this liquidity much efficiently without causing disruption. This liquidity will reduce on its own, if the deposit
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So a lot of debate has been sparked about the timing & the scale of fiscal intervention(AD). Some say, govt should've intervened in April itself, while some believe it should
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