We expect 50-75 bps rate cuts from RBI: Bandhan AMC's Suyash Choudhary

With the government taking the fiscal compression path, as announced in the Interim Budget, the Reserve Bank of India (RBI) now has hardly any reason to delay relaxing its liquidity stance at a time when inflation has been undershooting the forecast, says Suyash Choudhary, Head – Fixed Income, Bandhan AMC. In an email interaction with Abhishek Kumar, Choudhary says he expects the central bank to start cutting rates by mid-CY 2024. Edited Excerpts:

Has the Interim Budget led to a change in view on any of the debt market segments?
 

The Interim Budget puts India on the path