RBI wasn’t explicit enough on liquidity: Lakshmi Iyer

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The Reserve Bank of India on Thursday delivered exactly what the markets had ordered. Yet, domestic equity indices logged their biggest one-day fall of 2019. Lakshmi Iyer of Kotak Mutual Fund decodes why the money policy did not go down well with the market and what the policy signalled for the interest rate cycle.

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    The Reserve Bank of India on Thursday delivered exactly what the markets had ordered. Yet, domestic equity indices logged their biggest one-day fall of 2019. Lakshmi Iyer of Kotak Mutual Fund decodes why the money policy did not go down well with the market and what the policy signalled for the interest rate cycle.

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