Perspective on RBI MPC Announcement by Mr. Jyoti Prakash, Managing Partner, Equity and PMS at AlphaaMoney
Below the Perspective on RBI MPC Announcement by Mr. Jyoti Prakash, Managing Partner, Equity and PMS at AlphaaMoney
Listening to the RBI Governor, we get an impression that members of MPC are concerned about uncertainties around the U.S. tariffs on India which now appears to be broadening beyond Goods. We feel that rate cuts will come only after a trade agreement with the U.S. is in place. We also think that the RBI’s inflation projections for the March and June quarters are too high.
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