Tag «India Infoline Ltd.»

RBI Policy – Economy Impact: Much ado about rate cut. Prabodh Agrawal, India Infoline Ltd. (IIFL)

The banking sector, industry, and capital markets, among others, were expectantly waiting for the RBI to cut repo rate, which it duly delivered. This was the third repo rate cut this year, taking the cumulative cut to 75bps in 2013 and 125bps over the last one year. Rate cuts have the direct impact of lowering …

Comments of Mr. R Venkataraman, Managing Director, India Infoline Ltd. (IIFL) on Union Budget 2013-14

28th February 2013 – Given the fact that elections are just round the corner and the grim macro-economic scenario, the Finance Minister has done a fairly commendable job. He has resisted the temptation to announce a populist budget. The good part is that the government finances have not gone out of control and all the …