RBI Monetary Policy - Aug, 2020 - Sudhakar Shanbhag, CIO, Kotak Life Insurance

"The MPCs decision to keep rates unchanged was in line with our expectations though the market had some expectations. The RBI has already cut 115bp this FY and inflation over last couple months was beyond the band expected. However due to the growth slowdown the RBI may act in future policies and inflation is also expected to come down in H2 due to base effects. Enough liquidity is ensured for the market."

Source : Equity Bulls

Keywords