Interim Budget FY20: Fixed Income Takeaways
The Interim Budget largely delivered on the reflationary stimulus that was being anticipated. Key highlights as follows: FY19 Revised Estimate […]
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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
Bring On, Bring On : RBI Gets Serious, Investors Next?
Upping its recent proactive stance on liquidity, the RBI announced an even higher pace for Open Market Operation (OMO) for
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RBI Governor Exits : Quick Thoughts
In a surprise move, RBI Governor Dr. Urjit Patel resigned from office yesterday citing personal reasons. Needless to say, this
Bullish Under The Hood : December Policy Takeaways
The MPC kept repo rate and stance unchanged as was widely expected, although one member voted for stance to be
Breaking False Causations : RBI Policy October 2018
The Monetary Policy Committee (MPC) surprised market expectations by keeping policy rates on hold by a vote of 5:1. The
Fixed Income Economics Series : Global Growth – The case for a Synchronous Slowdown
Global growth – The case for a Synchronous Slowdown After the synchronous global growth pick up in 2017, growth in
Blogs
OMO Turns 40 : A Bond And Macro Update
The RBI announced INR 40,000 crores of Open Market Operations (OMO) purchases for November, after having done INR 36,000 crores
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Fixed Income Economics Series: India monsoon and agri snapshot
India monsoon and agri snapshot: What does normal sowing in a deficient rainfall year mean? The monsoon season (June to
RBI Announces Additional Measure
The RBI has allowed an additional 2% carve out from SLR for the purpose of liquidity coverage ratio (LCR) maintenance,