RBI Monetary Policy Reaction Quote
Manu Singh, Head – Housing Finance Business, Kotak Mahindra Bank said, “The RBI’s decision to maintain the repo rate at 5.50% reinforces stability in the lending environment. While borrowers may not see immediate EMI reductions, the cumulative 100 bps cut earlier this year has already made home loans more affordable. We expect this stability to support sustained demand in the housing market, especially in the affordable and mid-income segments. As a lender, we remain committed to our customers in enabling homeownership with competitive rates and flexible solutions.”
- Manu Singh, Head – Housing Finance Business, Kotak Mahindra Bank
Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank said, “In line with our expectations, the MPC has delivered a dovish pause across rates and stance. The growth risks from tariff uncertainties have created room for additional rate cuts if risks materialise. We see scope for 25-50bp rate cuts in rest of FY26.”
- Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank
