Views on Monetary Policy June,2021 by Lakshmi Iyer, Kotak Mutual Fund
Below are View on Monetary Policy by Lakshmi Iyer, CIO (Debt) & Head Products, Kotak Mutual Fund
“The RBI MPC was about G & G – Growth forecasts for FY 22 were lowered by 1% while GSAP amt for Q2 FY 22 was increased to INR 1 tn (INR 1 tm in Q1). While CPI inflation forecasts have been increased, immediate demand side pressures may not be a concern due to the pandemic. Inclusion of SDL is GSAP is a good move to help ease some pressure on State loans. Bond yields are likely to move in tight range and oscillate between auction supply and GSAP led demand.”
Above views are of the author and not of the website kindly read disclaimer
Tag News
Monthly Debt Market Update, September 2023: CareEdge Ratings
More News
Perspective on CAD by Ms. Madhavi Arora, Emkay Global Financial Services