A ‘no surprise, ‘main hoon na’ policy from RBI: Nilesh Shah
“The short end of the yield curve has gone up a little bit, partly driven by systematic drawdown of liquidity and has come down from about Rs 10 lakh crore to Rs 4 lakh crore, partly driven by this 50 basis point rate hike. We believe the yield curve is pricing in a repo rate of around 6.25% to 6.5%.Hopefully we will be somewhere around there unless and until there is a global shock.”
