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INDIA: Country Wrap:  New RBI Chief in the Spotlight. 

INDIA
  • India’s newly appointed central bank governor Sanjay Malhotra said that the institution has to ensure growth (source: BBG).
  • India’s newly appointed central bank governor Sanjay Malhotra said he will look to uphold stability and continuity in policy in his role. (source: BBG).
  • India’s NIFTY 50 has had a period over the last week of moderate returns and today is no different opening up down -0.03%.
  • INR: stable open this morning at 84.87.
  • Bonds: 10YR yield +1.5bp to 6.730%
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  • India’s newly appointed central bank governor Sanjay Malhotra said that the institution has to ensure growth (source: BBG).
  • India’s newly appointed central bank governor Sanjay Malhotra said he will look to uphold stability and continuity in policy in his role. (source: BBG).
  • India’s NIFTY 50 has had a period over the last week of moderate returns and today is no different opening up down -0.03%.
  • INR: stable open this morning at 84.87.
  • Bonds: 10YR yield +1.5bp to 6.730%