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LIC Mutual Fund CIO-Fixed Income Marzban Irani on RBI Policy
This story was originally published at 11:51 IST on 6 August 2025
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MUMBAI - Marzban Irani, chief investment officer-fixed income, LIC Mutual Fund Asset Management Ltd., said the following on the Reserve Bank of India's third bi-monthly monetary policy for 2025-26 (Apr-Mar) detailed on Wednesday:
Reserve Bank of India Monetary Policy Committee kept the repo rate unchanged at 5.50% and continued with the neutral policy stance. This was in line with our expectations as the governor had frontloaded cuts during the last policy. He had even announced liquidity measures in advance. Hence, no immediate action was required, given the global turmoil and the outlook on rupee inflation numbers have been revised downwards, whereas growth projections were kept unchanged. Going ahead, any action globally on rates and sharp slowdown in domestic growth might prompt RBI to take further action. End
Compiled by Janwee Prajapati
Filed by Deepshikha Bhardwaj
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