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Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank RBI Monetary Policy Reaction Quote

GUJARAT, AHMEDABAD | 01st OCTOBER 2025: Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank said, “In line with our expectations, the MPC has delivered a dovish pause across rates and stance. The growth risks from tariff uncertainties have created room for additional rate cuts if risks materialise. We see scope for 25-50bp rate cuts in rest of FY26.”

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