Quote on MPC Announcement from Mr. Marzban Irani, CIO of Fixed Income at LIC Mutual Fund
Below the Quote on MPC Announcement from Mr. Marzban Irani, CIO of Fixed Income at LIC Mutual Fund
- Repo rate unchanged at 6.5%.
- Growth numbers are strong and expected around 7.2% this year.
- Inflation expectations at 4.5%.
Our view: Liquidity will be actively managed at both the ends. Neither tight nor loose. 10-year G-Sec yields expected to be range bound between 6.95 to 7.10
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