RBI rate hike on expected lines; missed moving to neutral stance: Mythili Bhusnurmath

“For a variety of reasons, liquidity is going to be a little tight and a neutral stance would not have mattered at all, I thought there was a clear case for a neutral stance which is perhaps why we have seen a divergence of opinion both on stance as well as on the repo rate. That is a considerable difference from what it used to be in the past.”