RBI MPC updates: Vikas Gupta, CEO & Chief Investment Strategist at OmniScience Capital on the RBI MPC Announcement
“As expected the RBI maintained the status quo. RBI is biased towards growth since inflation is within the target range and continues moving towards the midpoint. Also, the tariff uncertainties causing some headwinds to global trade are also cause of concern. In this scenario, RBI would like to see some stabilization of the INR and some clarity on global trade. It is primed for future rate cuts but will depend on how things pan out on the global trade deals and volumes and the INR.”