View on RBI Monetary Policy by Shivam Bajaj, Avener Capital
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below is View on RBI Monetary Policy by Shivam Bajaj, Founder & CEO at Avener Capital
With CPI forecasts at 6.7% from 5.7%, RBIs rate hike of 50bps came in line with market expectations and was taken into account by the market in the previous trading sessions. In an attempt to curb inflation, the expectations of this rate hike had been factored in the form of increase in bond yields, which might result in expensive borrowing for corporates. However, a consequent correction expected in raw material prices as a result of this announcement might provide a stable long term growth plan for the overall economy
Above views are of the author and not of the website kindly read disclaimer
Tag News
Quote on Monetary Policy outcome By Mr. Rahul Shresth, Avener Capital
