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Below the Quote on RBI MPC Policy by Mr. Mahendra Jajoo, Mirae Asset Mutual Fund  

“RBI cut the key policy rate by 25 bps as also switched to an accommodative stance. This clears the runway for continued positive momentum in fixed income markets. While the risk of a global disruption remains in view of the ongoing developments on tariffs, the guidance is for further cuts in forthcoming policies. Bond yields remained slightly higher immediately after policy announcement as the rates have eased significantly in the prelude but are expected to continue to soften going forward. It would seem that in the current environment of uncertainty, the central bank is going to do the heavy lifting yet again, as it did during Covid disruption. That suggests a supportive environment for fixed income in the immediate term.”

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