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VERIFIEDET Policy·neutral
RBI may not need immediate CRR hike as liquidity surplus likely to moderate: UBI Report
AI Summary
- ·A Union Bank of India report suggests the RBI may not need an immediate CRR hike.
- ·The banking system's surplus liquidity is projected to moderate through FY27.
- ·The RBI can utilize flexible tools like variable rate reverse repos and forex swaps.