Views on RBI Monetary Policy (April 2023) by Nilesh Shah, MD, Kotak Mahindra Asset Management Company Ltd

“The RBI’s pause is like Sachin stroke on a tricky pitch but with eyes set in and having the luxury of hitting the ball where ever he wanted. The RBI had the option of a rate hike or a pause. The pause was not entirely unexpected.
The RBI will watch developments and data before taking the next call. The market expects the RBI to fetch maximum run and win the match on inflation and growth, no matter which Direction they hit the ball.”

– Nilesh Shah, MD, Kotak Mahindra Asset Management Company Ltd