Business

Federal Bank – RBI Policy reaction 3g5l69

The uncertainty created by Covid and the time period of its stay clearly brought out in RBIs statement: Negative growth in FY21, without estimates being clearly stated. Likewise a statement on inflation easing in the […]

Business

Quote Kumaresh Ramakrishnan, Head – Fixed Income, DHFL Pramerica Mutual Fund 46n3l

The Monetary Policy Committee unanimously voted today (6-0) for a rate cut of 25 bps and a change in stance from ‘neutral’ to ‘accommodative’. The rate and stance easing were helped by RBI’s assessment of […]

Economy

RBI policy – Comments by Khushru Jijina, MD, Piramal Capital and Housing Finance Inbox x 4l6v41

“It is necessary to resurrect India’s consumer demand and economic growth before a synchronous downturn in advanced economies heighten market volatility. Today’s rate cut and moderation in liquidity coverage ratio coupled with recent instances of […]

Business

Comment of Ms. Chanda Kochhar, MD and CEO, ICICI Bank on RBI policy 3g1l20

The RBI’s announcement today to keep the policy rate unchanged was on expected lines. The MPC has not viewed the recent growth slowdown as being structural in nature and is expecting it to be transient […]