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Below is Quote on Pre Monetary Policy Expectation by Mr. Prashant Pimple , Managing Director & Chief Investment Officer – Debt, JM Financial Asset Management Limited

"We believe that RBI in its current MPC may maintain status quo as far as rate actions are concerned. However it may try to give some solution for generating demand for the higher than expected borrowing scheduled for FY‘23. RBI would most probably revise the GDP estimates lower on the current disruptions and raise Inflation forecast at the upcoming Monetary Policy. Market will closely monitor the upcoming Policy for bond supportive measures such as OMO/Operation Twist or extension of Held-to-maturity (HTM) dispensation further beyond March 2023. On the liquidity front, the RBI is expected to continue to absorb liquidity via VRRR auctions."

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