Blogs

The year is about to pass, and we embark upon the customary year-end. The title we have picked this time […]

The MPC kept repo rate unchanged (4:2 majority) and persisted with the neutral stance, while the RBI cut CRR by

The US election verdict is conventionally thought of as implying even higher fiscal deficit via tax cuts, higher tariffs leading

The MPC changed stance to neutral in line with our expectation (https://bandhanmutual.com/article/17416 ). The accompanying commentary, while acknowledging better balance on

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

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

Our view remains that Indian bonds are experiencing strong tailwinds which are a combination of short term (cyclical) and medium

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

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

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