Sanjeev Sinha is Editor, Personal Finance at Financial Express Online. He has more than 20 years of experience with some of the top Indian media organisations. He has covered a wide variety of subjects such as politics, taxation, wealth management, brands, marketing, management and real estate. An avid reader of crime fiction, Sanjeev spends his free time watching action movies and listening to classical music.
The scheme aims to navigate interest rate cycles in an optimal manner, having the potential to gain from fall in interest rates as well as aiming to shield portfolio returns in times of reversal of the interest rate cycle.
The RBI once again maintained the status quo in its February 2021 monetary policy review, by sticking to an accommodative stance on the interest rate front and reiterating its commitment to economic growth.