But Das and his men know that this easy money has helped to push down mortgage rates and lower cost of funds for corporates. Also, as banker to the government, he has to keep the market convenient for the central and state governments which have quite a bit of borrowings left. And, despite the GDP shrinking at a slower pace, Mint Street (like the Main Street) can sense that it’s too early to celebrate.from Stocks-Markets-Economic Times https://ift.tt/3g0mehY
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