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Trust Mutual Fund files offer document for Dual Advantage Fund – Series I (Tenure around 3 year 2 months 3 year 8 months ) - Udaipur News | Udaipur Latest News

Trust Mutual Fund files offer document for Dual Advantage Fund – Series I (Tenure around 3 year 2 months 3 year 8 months ) - Udaipur News | Udaipur Latest News
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RBI: RBI may have to keep rates low and liquidity easy

Mumbai: Mint Road will have to take the lead in holding down North Block’s borrowing costs as bond traders believe the latest raft of federal incentives are more in the nature of guarantees, potentially with a limited role in driving immediate economic expansion. Finance minister Nirmala Sitharaman on Monday expanded the government s emergency credit line guarantee scheme (ECLGS), announced a fresh guarantee plan for the microfinance sector, and also opened a concessional loan programme for the healthcare industry. Economists estimate that the total impact of the government measures will be 0.6% of GDP. Bond yields climbed slightly on Tuesday with the benchmark 10-year bond climbing to 6.08%, a two-month high, before ending down at 6.04%. Dealers said the benchmark yield does not reflect the economic scenario.

Reserve Bank expected to keep rates steady, liquidity steps eyed: Poll

By Swati Bhat MUMBAI (Reuters) - India s central bank will likely keep interest rates at record lows this week as it assesses the economic fallout of the country s evolving COVID-19 crisis, but the monetary authority is expected to reiterate its commitment on liquidity. The Reserve Bank of India s (RBI) monetary policy committee (MPC) will likely keep the key lending rate or the repo rate unchanged at 4% for a sixth straight meeting when it announces its decision after a three-day meeting on Friday. All 51 economists polled by Reuters expected the MPC to hold rates as Asia s third-largest economy grapples with various state lockdowns.

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