View on RBI Pre-Monetary Policy August 2021 by Lakshmi Iyer, Kotak Mutual Fund
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Below are View on RBI Pre-Monetary Policy August 2021 by Lakshmi Iyer, CIO (Debt) & Head Products, Kotak Mutual Fund
“The MPC meets at the cusp of a visibly sticky inflation, nudging growth phase and a fluid pandemic situation world over. The central banker is mostly likely to maintain a status quo on rates being mindful of growth and wait for more data points on inflation front. There could be some steps towards normalisation of liquidity via increased tenor and/or quantum of VRRR (variable rate reverse repo) – something which bond markets seem to be anticipating.”
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