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Below the Commentary on RBI MPC Decision by Saravanan Kandan, CFO, Orange Retail Finance Limited

"The RBI's decision to raise the repo rate by 25 bps to 5.50% comes at a balanced point in the economic cycle. Real GDP growth remains healthy at 7.1%, while inflation expectations have been revised upward to 5.2%, with inflation projected at 6% in Q3. This is likely to influence household purchasing power and borrowing costs. The festive season may support consumption in the near term, and credit demand could increasingly favour products that offer liquidity with greater flexibility. The RBI's assessment that bank and NBFC balance sheets remain resilient, along with a modest current account deficit, is a reassuring signal for the broader financial system. In this environment, gold-backed lending may see growing relevance as households look to use existing assets to meet funding needs. This makes the evolving gold loan opportunity an important area of focus for Orange Retail Finance."

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