Mumbai: The Reserve Bank of India (RBI) could defer its declared open market bond sale as currency leakage from the banking system during the festival season and its own steps to shield the rupee from excess volatility have pushed liquidity deficit to its highest in more than four years, according to analysts. With net liquidity … Read more
There is a lot of value in the longer end of the curve as these situations normalise, says R Sivakumar, Head Fixed Income. Bond yields have corrected below that 6% level post RBI’s Operation Twist and the HTM limit relaxation as well. What is it that your outlook is on some of these measures and … Read more
We cannot rely on consumption but we should set the stage so that investment can come back at least in the next couple of years, says Chief Economist – India, HSBC Securities. Would you reckon that the kind of economic damage that has been caused by the lockdown has been much worse in India as … Read more