GUJARAT, AHMEDABAD | 06th AUGUST 2025: Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank said, “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 persists. 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.”
- Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank
