Published on 6/12/2017 4:13:45 PM | Source: Investmentguruindia.com
View on RBI Policy By Mr. Arvind Chari
Below Is The View on RBI Policy By Mr. Arvind Chari, Head-Fixed Income & Alternatives, Quantum Advisors.
“The RBI continues to remain on hold and their confidence on the growth recovery is reflected in the market expectations of no further rate cuts. We found this RBI statement to be bit more balanced than the one in October where they appeared unduly concerned on inflation. Although, they have increased the inflation projection but have also highlighted factors which can soften prices. We expect RBI to remain on a long pause thus current bond yields remain attractive but its trajectory is dependent on government fiscal deficit commitment.”
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