Ananth Narayan, Head-Financial Markets, Standard Chartered Bank said changing the stance from accommodative to neutral was a surprise and not expected by the market and so one is likely to see a sell-off in bond markets
Both V Srinivasan of Axis Bank and Ashish Parthasarthy of HDFC Bank agree that the withdrawal limit could extend beyond December 30 because the limit depends on the availability of currency.
Speaking to CNBC-TV18 David Mann, Head, Asia Economic Research of Standard Chartered said that there have been no major slipups from either Donald Trump or Hillary Clinton.
RBI is operating in an inflation targeting framework and they will decide on rate cuts with an eye on their 4-percent inflation target, says Jahangir Aziz, Asia Economic Research, JPMorgan.
I am in the camp that believes the near-term problem for India was macro-economic; it was the current account deficit, it was the fiscal deficit, it was inflation, that has been handled in the near-term, said Atsi Sheth of Moody's Investors Service.
Jahangir Aziz tells Samar Srivastava that the government retracting their December 2011 proposal for FDI in retail did more damage than the 2012 budget.