The weighted average call rate, the target of the Reserve Bank of India’s (RBI) interest rate actions, also climbed above the repo rate, a development that usually occurs when banking system liquidity is in deficit.
FPI return to India may be tactical, not structural yet: HSBC MF’s Venugopal Manghat
Foreign investors are cautiously returning to Indian equities, but a durable FPI reallocation remains unconfirmed. HSBC Mutual Fund’s Venugopal Manghat highlights improving earnings, stable domestic