The Rate increase by RBI of 25 bps is on expected lines Says Rahul Chander, Livfin
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Below is quote on RBI repo rate hike by Rahul Chander, MD & CEO of Livfin (Fintec NBFC)
"The Rate increase by RBI of 25 bps is on expected lines. While inflation has come down over the last quarter, external pressures are expected to continue and this last rate increase for FY2023 is expected to bring the inflation rate to within the tolerance band targeted by RBI and help move towards the 4% target"
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