R Sivakumar of Axis Mutual Fund said they expect short-term bonds to outperform long bonds
The exchanges will be shut on Tuesday for Ram Navami
The repo rate was kept unchanged at 6.25%
After RBI's decision to hold interest rates, Urjit Patel and other deputy governors spoke to media
RBI's bi-monthly monetary policy unfolded few disappointments
So, the key question is has the rate-cutting cycle come to an end in India. We think so
He adds that the MPC exercised abundant prudence in keeping the policy rates on hold while looking at all transient effects
The repo rate remains unchanged at 6.25 per cent
The RBI monetary policy committee on Wednesday voted 6-0 to keep the repo rate at 6.25%
Repo rate remains unchanged at 6.25%
Demonetisation has also inevitably generated severe liquidity management issues for RBI
On Wednesday, it surprised many with a status quo on policy, premised on upside risk to Q4 inflation and limited transient growth drag owing to demonetisation
As a result of demonetisation, bankers believe there could be some pressure on asset quality, especially accounts
The yield on govt notes due September 2026 jumped 21 bps to 6.41% in Mumbai, prices from RBI's trading system show
RBI gives more weight to upside risks to inflation
Ficci president says that at this juncture, a 50 bps point cut in the repo rate would have provided the needed boost to the flagging industrial economy
It sees the near-term risks in cash-intensive sectors and unorganised sector; also sees aggregate demand compression associated with adverse wealth effects
The present yields on the 10-year bond, which closed at 6.20% on Tuesday, have factored in a sure rate cut
The report further said that though the RBI is expected to cut 25 bps each on February 7 and April
The central bank got room to effect 25 bps rate cut due to a change in its stance on neutral real rate and the timeframe for achieving the inflation target