Policy● Neutral for Indian equities
This RBI cycle looks different
The brief
- The weighted average call rate needs to align with the repo rate for it to remain an effective signal
- Repo transmission matters to Indian banks and other rate-sensitive sectors
- Airlines urge govt to unlock delayed ECLGS funds
- Priming the market for a repo rate hike? RBI announces bigger VRRR auction
- RBI may continue liquidity absorption as it begins rate-hiking cycle
- Airlines seek ministry intervention to speed up delayed ECLGS 5.0 disbursements
- RBI to hold Oct 6 overnight VRRR auction after absorbing ₹2.10 lakh crore