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View On RBI Monetary Policy announcement By Mr. Ajit Banerjee CIO, Shriram Life Insurance Company "RBI on expected lines continued with the rate pause decision which it had announced in April’23 and maintained the status quo on stance on withdrawal of accommodation as the fight for taming the inflation continues. It has emphasised on the continued global fluidic situation prevailing. The policy tone was balanced, but it remained non-committal on the decision on future...
View On RBI Monetary Policy announcement By Mr Ajit Banerjee, Shriram Life Insurance
Below View On RBI Monetary Policy By Mr Ajit Banerjee, CIO, Shriram Life Insurance "The repo rate increase by 25bps to 6.5% is in sync with the broad market consensus view. However, what was probably considered slightly on unexpected line was RBI maintaining its withdrawal of accomodation stance to ensure inflation remains within target going forward, while also supporting growth. Therefore, this indicates that we cannot rule out at this stage any further rate hikes and there was...
The repo rate increase by 25bps to 6.5% is in sync with the broad market consensus view Says Mr Ajit Banerjee,Shriram Life Insurance
Below View On RBI Monetary policy By Ajit Banerjee, Chief Investment Officer, Shriram Life Insurance. The Reserve Bank of India has hiked the repo rate by 35 basis points to 6.25% which was on expected lines. However, markets were expecting a slight moderation in the stance but it continues to be the withdrawal of accommodative stance while supporting growth. This may be interpreted that further action on the rate front can still happen before arriving at the terminal rate. RBI also l...
The Reserve Bank of India has hiked the repo rate by 35 basis points to 6.25% Says Ajit Banerjee, Shriram Life Insurance
Pre RBI Monetary Policy Quote 29 September 2022 By Ajit Banerjee, Chief Investment Officer, Shriram Life Insurance. State of economy The global economy is strongly caught between the twin challenges of high inflation and low growth, with major forecasts suggesting a further slowdown in 2022-end and 2023. The focus has largely shifted from Russia- Ukraine crisis to the resultant impact on global GDP growth and high inflation. Implications of hugely unanticipated duration of the war...
Pre RBI Monetary Policy Quote : Ajit Banerjee, Chief Investment Officer, Shriram Life Insurance
West Indies skipper Nicholas Pooran admitted that his team have a lot to do in order to improve as a T20I side. Pooran's comments come after West Indies lost the fifth and final T20I to India by 88 runs in Central Broward Park. "When you come against one of the top teams in the world then execution is important. We didn't come up trumps. As a batting and bowling team we have a lot to do. There's a lot of cricket to be played, lot of experience to be gained. Hope we learn a...
As a batting, bowling team we have a lot to do: Nicholas Pooran
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