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Experts' Take

Manoj Gaur, MD, Gaursons India Ltd


“It was an expected move that RBI will keep the rates unchanged in this bi-monthly policy. Rising inflation is a reason the RBI is holding back rates. The upcoming Budget is also a reason for RBI to adopt a wait and watch approach. The Budget will throw light on microeconomic natters which is significant to decide if there is a scope of rate cut in future”