 "R Sivakumar")
R SIVAKUMAR, head (fixed income), Axis Mutual Fund, says some trends suggest another repo rate cut. But there is also evidence to suggest a rate cut is unlikely in the upcoming monetary policy. In conversation with Hamsini Karthik, he says liquidity has improved significantly in the system, although more push from the government is needed to lift consumption.
Edited excerpts:
Edited excerpts:
How much has liquidity improved over the past one year?
Very tight liquidity crunch which we saw last year and possibly for almost two years after demonetisation has changed. We’ve had significant rate cuts. The interbank rate is trading
