Author name: Saurabh Pingle

The bond story continues to run strongly. Locally, the budget gave final proof of policy continuity and commitment to fiscal […]

The monetary policy review was largely around expected lines with both rates and stance kept unchanged with a majority of

Since the election results, a section of market participants has been fearing a turn in policy approach of the government.

As far as global monetary policy backdrop is concerned, the current year is different from the last in some obvious

The monetary policy review for June was status quo on rates and stance but with 2 dissents now, with external

The Framework To recap, there are 4 reasons why we have judged that this is likely a structural market for

Let’s start with the obvious: price is determined by demand vs supply. In the case of bonds, yields will fall

RBI / MPC kept all rates unchanged as expected. The surprise here was rather external MPC member Prof. Varma voting