RBI more convinced about transient inflation than others

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With the US Federal Reserve and the Bank of England hinting at normalisation, factoring in a more enduring nature of the ‘transient’ high inflation, RBI’s statement appears more dovish in comparison. If indeed the duration of high inflation is longer, RBI may need to re-think its GSAP purchases and start normalising the extant liquidity deluge, … Read more

India Inc’s fund raising set to hit new record in FY21

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The central bank moves on boosting liquidity, through bespoke measures such as TLTRO, should also help expand the corporate bond market. Synopsis Local companies, including banks, could raise between $95-100 billion via primary bond sales this financial year, which could be marginally higher than a year before, estimates ICICI Bank. MUMBAI: Corporate India, including local … Read more