Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank said, “The RBI delivered in line with our expectations. While retaining its focus on last mile disinflation being achieved the RBI has taken note of the tightening durable liquidity and hence delivered the CRR cut. We see room for a 25-basis points repo rate cut in February with much dependent on the downside risk to growth which we foresee. Further disinflationary trends and global environment will also be key.”
Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank
