Economists Back RBI's 'Wait-and-Watch' Stance, Citing Growth Confidence

• Leading economists welcome RBI's decision to keep policy repo rate unchanged, maintaining a neutral stance.
• The move reflects prudence amid firm growth, evolving inflation dynamics, and an impending overhaul of key macroeconomic data series.
• MPC is factoring in a likely rise in inflation in the first half of the next fiscal year, even as growth remains strong.
• RBI increased the limit for collateral-free loans to MSMEs to Rs 20 lakh, aligning with Budget announcements.
• Economists anticipate an extended pause on rates, with RBI focusing on liquidity management and monitoring new data series.