What does RBI’s MPC meet outcome spell for banking and housing loan sectors?

The choice by the RBI to keep the repo rate seems grounded in two crucial factors: Managing Inflation: The easing of inflationary pressures indicates a movement toward the RBI’s target range of 2-6 per cent. This implies that the existing monetary policy stance is proving effective in curbing inflation. Vigorous economic expansion: The initial six …

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bonds: A gush of state bonds may upend market dynamics

Mumbai: Even as the sword of large-scale open market bond sales by the Reserve Bank of India hangs over the debt market, state governments in the poll season have upset bond traders’ demand-supply calculations by overshooting their stated borrowing plans. So far in October, state government bond issuances have outstripped their indicative calendar by 24%, …

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