‘Blue Sky’ Expectations Meet Some Clouds: RBI Policy April 2019
The Monetary Policy Committee (MPC) decided to cut repo rate by 25 bps (4:2 majority) while keeping stance neutral (5:1 […]
RBI Expands Liquidity Tools
The RBI has announced a new tool for liquidity creation and decided to inject rupee liquidity for 3 years through
Blogs
Interim Budget FY20 – What Lies Beneath
The debate on whether the interim budget was populist (owing to the direct income support for land-owning farmers and higher
Key Takeaways from Budget 2019
While the budget is an annual exercise of the government’s finances, a holistic way to analyse the budget is to
Blogs
First Principles fixed income
The Importance Of ‘First Principles’ When Investing In Debt Mutual Funds A. Identifying Risk in Debt Mutual Funds (MFs) There
RBI Shifts To A More Sanguine Framework
The RBI cut policy rates by 25 bps to 6.25% (voted 4-2) and changed the monetary policy stance from ‘calibrated
Blogs
RBI’s CPI Projections: Fanned by Uncertainty?
The Reserve Bank of India (RBI) recently cut its CPI inflation projections for Q3 FY19 sharply, by 90bps in October
Blogs
Qu’AAA’lity, Qu’AA’lity or Qu’A’lity? – An Update on Credit Markets
Qu’AAA’lity, Qu’AA’lity or Qu’A’lity? – An Update on Credit Markets The credit default/sharp downgrades faced by IL&FS & its group
Where Do We Go? A Macro Update
Introduction A lot has changed over the past few months. From a point in September where market was pricing in
Blogs
So It Begins? : A Macro Update
The growth data for the September quarter surprised expectations to the downside. Thus real GVA printed 6.9% versus consensus estimates