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RBI Monetary Policy Reaction Quote

Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank

“The MPC delivered completely in line with expectations across rates and stance. The inflation outlook in 1HFY27 has been revised up marginally. While uncertainty remains on the growth-inflation figures as we await the new series, the uptick in commodity prices and weaker currency may pose upside risks to inflation. We therefore see limited room for additional easing on repo rate front, with RBIs focus expected to be on ensuring stability on the liquidity front in the year ahead.”

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