RBI Monetary Policy | Reaction Quote | 5th August 2026
Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank said, “RBI’s decision of status quo has been in line with expectations. The tone has been well balanced, highlighting the risks and hence the policy decisions ahead being data dependent. We continue to see scope for 50 bp of rate hike in 2HFY27, especially as 1QFY28 inflation also continues to look above 5%.”
Upasna Bhardwaj, Chief Economist,
Kotak Mahindra Bank
