RBI's Monetary Policy - Mr. Murthy Nagarajan, Head – Fixed Income,Tata Mutual Fund

Mr. Murthy Nagarajan, Head – Fixed Income,Tata Mutual Fund

"RBI has cut Repo rates by 50 basis points and increased MSF limits to 2 % of Net Demand and Time Liability. RBI has been proactive in its approach and has indicated further cuts and liquidity support to keep the growth momentum intact. These actions will counter balance the negative effect of large borrowing programme for the current financial year. The market movement in yields will now be dependent on the inflationary trajectory and growth outlook in the coming months."

Source : Equity Bulls

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