The Reserve Bank of India (RBI) is likely to cut policy rates by 25 basis points (100 basis point = 1 per cent) in its policy review on Wednesday. Most money market participants are hopeful of a rate cut by the banking regulator to spur growth and many of them believe there could be more rate cuts in the financial year. Is it time to take a look at long-term bond funds?
“It is widely expected that the RBI will to cut repo rate by 25 bps which is already discounted by the bond, equity an ..