Quote on MPC Announcement by Mr. Niraj Kumar, Future Generali India Life Insurance Company Ltd
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Quote on MPC Announcement by Mr. Niraj Kumar, Chief Investment Officer, Future Generali India Life Insurance Company Ltd.
MPC has delivered an In-line and balanced policy, with the overarching focus being maintaining the stability in policy stance, despite being clouded by the chaos in global rates market and commodities. While the MPC’s mention of the need for OMO sales has slightly spooked the markets in the interim, it’s imperative from liquidity standpoint, especially with Global bond index inclusion on the horizon. Overall, the MPC has stuck to theme of continuity in the policy exercising caution and being data dependent amid the looming uncertainty around global markets.
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