Markets are closely watching the Reserve Bank of India’s move in the upcoming monetary policy on June18. As per consensus estimates, the central bank would announce a 25bps repo rate cut at least.
However, given the inflationary pressure and widening fiscal deficit R Sukumar of Franklin Templeton Investments believes that the market should not expect a very sharp sustained fall in interest rates from the current level in the next two quarters..............
No comments:
Post a Comment