CURRENT MARKET SCENARIO
I had mentioned in my Blog Note dated November 08’2010 (post RBI announce Policy Review on November 2) that inflation for various reasons will be an issue and hence, liquidity will remain tight for some more time. Having said that, no one expected inflation to remain at such high levels and also the current crisis [...]
DEBT MARKET JOURNEY SINCE BUDGET IN FEBRUARY 2010
BLOG NOTE DATED: March 03’2010: POST BUDGET: We had recommended the following: To stay away from long end of the curve for following reasons Fiscal stimulus roll back Petrol price hike CRR hiked by 75 bps since February 13’2010 Reverse REPO figures started coming down from Rs.1 lac cr to Rs.30,000 crs & likely to [...]
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 announcements and borrowing calendar [...]
ARTICLE IN ECONOMIC TIMES DELHI
Article in Economic Times Delhi