Mumbai (Maharashtra) [India], February 6 (ANI): Economists and market experts on Friday said the Reserve Bank of India’s (RBI) decision to keep the policy repo rate unchanged at 5.25 per cent and maintain a neutral stance was largely in line with expectations, with many highlighting a likely shift in policy focus towards liquidity management rather than further rate cuts.
Reacting to the Monetary Policy Committee’s (MPC) decision, Upasna Bhardwaj, Chief Economist at Kotak Mahindra Bank, said the outcome was completely in line with market expectations across both rates and stance.