Views on RBI's Monetary Policy - Mr. Tarun Kataria - CEO, Religare Capital Markets

Mr. Tarun Kataria, Chief Executive Officer, Religare Capital Markets, India - "With no sustainable and structural decline in inflation we had indicated that there was little change of a rate cut just yet. The RBI is also staring at a situation where consumption continues unabated while industrial production has decelerated. That in itself is inflationary. It's also possible that the budget maybe populist and therefore inflationary. So many pockets of concern remain and therefore it was too early to cut rates. This was the optimum decision in the light of this."

Source : Equity Bulls

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