Monetary Policy By Suvodeep Rakshit, Kotak Institutional Equities
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Below are Views On Monetary Policy By Suvodeep Rakshit, Vice President & Senior Economist at Kotak Institutional Equities
“The RBI’s decisions reinforce the wait-and-watch policy with regards to policy rates as uncertainties remain on the growth outlook. The GSec acquisition program (GSAP) will provide a calendar for OMOs (through the secondary market) which markets have been demanding for some time. This should be positive for the bond market in the near term and push the yield curve to be flatter. Overall, the RBI remains growth supportive and steadfast in keeping yields under check.”
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