Business Standard

Friday, January 24, 2025 | 11:47 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Market risk is temporary, credit risk permanent, says Mirae's Jajoo

RBI announced a series of confidence boosting measures, including commitment to conduct adequate OMOs, introducing for the first time, OMOs of state development loans, and online LTROs

MAHENDRA KUMAR JAJOO, CIO, (fixed income),  Mirae Asset Management India
Premium

MAHENDRA KUMAR JAJOO, CIO, (fixed income), Mirae Asset Management India

Ashley Coutinho Mumbai
Policy rates may be kept low for the foreseeable future, with frequent interventions by way of liquidity injection and market operations, says MAHENDRA KUMAR JAJOO, chief investment officer-fixed income, Mirae Asset Management India. In conversation with Ashley Coutinho, he says the focus on credit-related complications is symptomatic of a recency bias amid the Covid-19 pandemic. Edited excerpts:  

What do you make of the policy decisions taken by the Reserve Bank of India (RBI) last week?

The RBI announced a series of confidence-building measures, including commitment to conduct adequate open market operations (OMOs), OMOs of state development loans, and online long-term

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in