Things are not always what they seem! : An Update on the Credit Markets
In the aftermath of the IL&FS default in September’18, we have witnessed a steady rise in credit spreads. To recap, […]
(Trans)Mission Impossible? A Discussion On Monetary Policy
The Monetary Policy Committee (MPC) has now delivered a second successive rate cut in the current calendar year. But a
‘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 Strengthen : A Macro Update
We had observed in February as to how global policy seemed to be shifting, responding to the synchronized slowdown narrative
RBI Expands Liquidity Tools
The RBI has announced a new tool for liquidity creation and decided to inject rupee liquidity for 3 years through
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
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
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
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