Quote on the RBI Policy from Mr V S Parthasarthy, Allcargo Group�

5/08/2022 5:26:45 PM | Source: PR Agency

Quote on the RBI Policy from Mr V S Parthasarthy, Allcargo Group�

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Quote on the RBI Policy from Mr V S Parthasarthy, Vice-Chairman of Allcargo Group

The repo rate raise of 50 bps outside of the routine is in lockstep with FED & BoE to tame inflation. The world has cheered rate reductions in the past, now it is time to brace for hikes. It is of course uncomfortable for the overall economy as it struggles to recover its pace of growth. However, productivity and efficiency can blunt the cutting edge of the knife of rate rises."

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Quote on the RBI Policy from Mr V S Parthasarthy, Allcargo Group�

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