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Kotak Mahindra Bank Chief Economist Bhardwaj on RBI policy
This story was originally published at 11:30 IST on 6 August 2025
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MUMBAI - Upasna Bhardwaj, chief economist, Kotak Mahindra Bank, said the following on the Reserve Bank of India's third bi-monthly monetary policy for 2025-26 (Apr-Mar) detailed on Wednesday:
"The MPC's decision to keep rates unchanged comes in the wake of global uncertainties, even as inflation remains benign and downside risks to growth persist. With inflation likely to trend higher post the near term favourable trends, the bar for rate cuts ahead is set very high. We can see some room for the last leg of easing only if growth momentum slows significantly." End
Compiled by Rati Chaphekar
Filed by Akul Nishant Akhoury
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