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Kotak Bank Chief Economist Upasna Bhardwaj on RBI Policy
This story was originally published at 10:55 IST on 7 October 2026
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MUMBAI - Upasna Bhardwaj, chief economist, Kotak Mahindra Bank, said the following on the Reserve Bank of India's fourth bi-monthly monetary policy statement for 2026-27 (Apr-Mar) detailed Wednesday:
The MPC delivered a 25-basis-point rate hike in line with expectations, with a surprise shift in stance towards recalibrated tightening. We continue to see 25-50 bps of additional rate hikes going ahead, with further upside if global risks persists.
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Compiled by Meera Nair
Filed by Himanshi Gupta
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