Quote on RBI Monetary Policy by Mr. Sandeep Bagla, TRUST Mutual Fund
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Below is quote on RBI Monetary Policy by Mr. Sandeep Bagla CEO TRUST Mutual Fund
"RBI policy is hawkish at the margin. RBI has acknowledged the strong growth and negative surprise on inflation front. One of the MPC members has voted for change in accomodative stance. While there is no real change in the policy, bond market participants will take the nuanced change in language seriously. There is a distinct possibility that yields at the longer end, 10 year, will inch up towards 6.50% gradually. Investors should invest in bond funds with lesser than 3 year maturity to minimise interest rate risk."
Above views are of the author and not of the website kindly read disclaimer
Tag News
Monthly Debt Market Update, September 2023: CareEdge Ratings
