RBI's shift to neutral stance have eased concerns of widening credit-deposit gap: Jefferies
New Delhi [India], November 8 (ANI): The Reserve Bank of India's (RBI) shift to a neutral liquidity stance, is expected to ease liquidity concerns says a report by investment banking and capital market firm Jefferies.
"RBI's change of stance on liquidity, from withdrawal to a neutral position, should abate concerns. Also the growth rates between credit and deposit growth have now converged compared with a peak gap of 400b