In an interview CNBC-TV18, Sanjay Mathur, head of research and strategy (non-Japan Asia) at RBS and Indranil Sengupta, chief India economist of BoAML, spoke about the Reserve Bank credit policy and their outlook for the economy.
Below is a verbatim transcript of the interview. Also watch the video. Q: How have you read the blow that came from the credit policy, not just in terms of lower growth, but also in terms of a expected further doses of rate hikes because of the inflation control stance that the policy has taken? how much are you reducing the Sensex EPS earnings? Mathur: I am not really a market strategist but let me just tell you what was different in this policy. I thought it was a clearer statement from the RBI ever that they are willing to sacrifice short-term growth and go towards a direction of inflation management. We havenDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
