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Q4 2023 IIFL Securities Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to the IIFL Securities Q4 FY '23 Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. R. Venkataraman, Managing Director. Thank you, and over to you, sir.
Thank you, and good afternoon, everyone, and welcome to the Q4 FY '23 Analyst Call of IIFL Securities. I'm R. Venkataraman, I'm the Managing Director of IIFL Securities, and accompanying me is Ronak Gandhi, our CFO.
In its latest bimonthly monetary policy, the RBI has pressed the pause button on rate hikes. This move has come as a relief for the market participants and corporates alike. RBI was quick to underline that the decision should not be construed at the end of the rate hike cycle, which seems to be a prudent approach. March CPI also came in at a 15-month flow at 5.6%, and core inflation, excluding food fuels were at about 5.8%, and all eyes will be on the inflation trends.
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