10/08/2023 2:25:46 PM | Source: PR Agency
Perspective on RBI Monetary Policy Announcement by Ms. Shilpa Pophale, Electronica Finance Limited
Below the Perspective on RBI Monetary Policy Announcement by Ms. Shilpa Pophale, Managing Director & CEO, Electronica Finance Limited
RBI has done well to keep rates unchanged despite the recent US Fed rate hike. We have seen 250 bps rate hike past 2 years and that impact is still permeating into various sectors. While the RBI policy also emphasized on withdrawal of accommodation, its intention to support growth is encouraging and augurs well for overall industry including the manufacturing and the NBFC sector.
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