With the Reserve Bank of India (RBI) Governor Sanjay Malhotra leaving the door open for further repo rate cuts by changing the stance from “neutral” to “accommodative”, experts believe that investors could benefit from adding fixed-income investments to their portfolios now.
The RBI eased the repo rate by 25 basis points (bps) on April 9. While the cut was widely anticipated, the market was split on the change in the monetary stance in the run-up to the policy.
