Bhatia: Stay Away From Lower Rated Credits

The transcript discusses the Reserve Bank of India's proactive monetary policy and its impact on the Indian bond market. It highlights the potential effects of bond inclusion on demand and supply dynamics, and compares Indian bonds' performance with global peers. The discussion also covers the challenges and risks associated with bond inclusion, such as FDI inflows and borrowing levels. Additionally, the transcript addresses global rate hikes, particularly by the Federal Reserve, and their implications for India's monetary policy and liquidity conditions.

What is the expected trend for Indian bonds compared to global peers?

What challenges might arise from the bond inclusion in the Indian context?

How do global interest rate hikes affect the Reserve Bank of India?