Quote on RBI MPC by Garima Kapoor, Deputy Head of Research and Economist at Elara Capital
Below the Quote on RBI MPC by Garima Kapoor, Deputy Head of Research and Economist at Elara Capital
While expectations wrt rate decision were on expected lines, RBI has announced significant measures to prop the Rupee. As inflation concerns get entrenched the case for rate hike develops towards the second half of FY27.
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Rupee may cling to subdued rhythm, improved portfolio inflows lend support
