Reaction Quote – RBI Monetary Policy

RBI Monetary Policy | Reaction Quote | Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank | 

Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank said, “RBI expectedly kept the rate and stance unchanged, while highlighting the amplified risks on the inflation front. We expect 50bp of rate hike beginning in October. On the positive side, the measures taken by the RBI to attract capital would help ease pressure on the INR.”

  • Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank

 

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