Recalibrating rates
October 16, 2024 2024-10-16 4:42Recalibrating rates
Buoyant Admin Letter No. 135
As the RBI MPC prepares to announce its rate decision today, we revisit the Repo-FFTR differential, which stood at 800 bps in 2013, compared to just 100 bps a month ago. Since 2013, India’s economic landscape has significantly evolved, marked by stronger GDP growth, improved fiscal health, and lower inflation levels. Our MoneyControl article also examines the implications for bank NIMs, identifying key factors behind NIM compression and highlighting the banks that are better positioned.
Read more: https://tinyurl.com/4vfzzuh5
Disclaimer:
Information in this letter is not intended to be, nor should it be construed as investment, tax or legal advice, or an offer to sell, or a solicitation of any offer to make investments with Buoyant Capital. Prospective investors should rely solely on the Disclosure Document filed with SEBI. Any description involving investment examples, statistical analysis or investment strategies is provided for illustration purposes only – and will not apply in all situations and may be changed at the discretion of the principal officer. Certain information has been provided and/or based on third-party sources and although believed to be reliable, has not been independently verified; the investment managers make no express warranty as to its completeness or accuracy, nor can it accept responsibility for errors appearing herein.
