Quote on Market by Unmesh Kulkarni, Managing Director Senior Advisor, Julius Baer India
Below the Quote on Market by Unmesh Kulkarni, Managing Director Senior Advisor, Julius Baer India
"The RBI has cut policy rates by 25 bps while maintaining a neutral stance, with no CRR cut. A more flexible approach to rate targeting suggests the central bank may not wait for CPI to hit 4% before acting—marking a shift from its earlier tightrope strategy.
Liquidity management remains a priority, with the RBI committed to ensuring sufficient but not surplus liquidity, which could leave markets slightly disappointed. A back-to-back 25 bps rate cut in April is possible but contingent on the evolving liquidity scenario in the coming months."
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