#Latest news with #KotakMahindraAssetManagementSingaporeCNBC2 days agoBusinessCNBCRBI's neutral stance was probably taken to 'protect the currency', says fund managerTanveer Sethi, Executive Vice President of Investment Management at Kotak Mahindra Asset Management Singapore gives his take reconciling the RBI's recent "bonanza" of cuts with its neutral stance, saying it likely has to do with putting a floor under the Indian rupee and manage exchange short positions. He discusses the implications for India's bond markets.
CNBC2 days agoBusinessCNBCRBI's neutral stance was probably taken to 'protect the currency', says fund managerTanveer Sethi, Executive Vice President of Investment Management at Kotak Mahindra Asset Management Singapore gives his take reconciling the RBI's recent "bonanza" of cuts with its neutral stance, saying it likely has to do with putting a floor under the Indian rupee and manage exchange short positions. He discusses the implications for India's bond markets.