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Structured Finance Ratings: Moratorium extension announced by the RBI to hurt securitisation volumes; Revised guidelines for partial credit guarantee to the NBFC sector may not have an immediate impact on liquidity
In line with our expectations, MPC cuts Repo rate by 40 bps while maintaining policy stance as Accommodative
GST compensation requirement of states to surge to Rs. 4.1 trillion in FY2021, sharply outweighing likely compensation cess collections
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