Morgan Stanley expects the RBI to embark on coverage normalisation with a 15-20bps hike within the reverse repo fee to normalise the coverage fee hall within the upcoming MPC assembly.
Additional, we count on inflation to stay above the higher threshold of the RBI`s inflation concentrating on band for the following few months and to decelerate to round 5.5 per cent by 4Q22, Morgan Stanley mentioned. Pic: Reuters