Somebody That I Used To Know? : A Bond Update
The recent RBI policy, and more particularly the post policy interactions, distinctly bore the mark of the new Governor. Assessments […]
‘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
Blogs
Policy ‘Puts’ Start Re-Emerging
Global Policy Is Shifting, Responding To Slowing Growth A lot has changed in the world over the past few months.
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
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
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
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
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
Blogs
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