Policy Views
DEBT MARKETS JOURNEY POST BUDGET
I have not written on debt markets since almost January 2010 post the Credit Policy Review. One of the reasons was that I was waiting for the announcement of Budget and subsequent borrowing calendar. I had hoped that we will have a clear path in debt markets based on the Budget [...]
Article in Economic Times Delhi
New Guideline by SEBI for Debt and Money Market Instruments
Please refer to my note on Templeton Floating Rate Fund. I had referred to SEBI’s new guidelines for valuing securities which was in the pipeline and was expected to come into effect from 1st April 2010. SEBI has today come out with a notification to that effect which is going to come into effect from [...]
How Does One Read the Credit Policy Review
Whew, RBI Policy Review is behind us. Though there was an unpleasant surprise of 75 bps CRR hike (against market expectation of 50 bps) & there was knee jerk reaction in the equity markets (corrected by more than 300 points post the announcement before settling down & currently (2:20 PM) only [...]
Article in Economic Times Delhi
SOURCE : Economic Times – Delhi – Page 11 – 18 January 2010