2024-10-09 04:13:21 pm | Source: Waterfield Advisors
Quote on Monetary Policy Committee Meeting Outcome by Vipul Bhowar, Senior Director, Listed Investments, Waterfield Advisors
Below the Quote on Monetary Policy Committee Meeting Outcome by Vipul Bhowar, Senior Director, Listed Investments, Waterfield Advisors
"The neutral stance provides flexibility for banks, supporting lending activities without an immediate need for rate hikes or cuts. This should help maintain healthy credit flows to businesses and individuals, which is vital for sustaining the economic momentum. The unchanged rates are likely to sustain consumer demand, particularly in sectors like housing, which is crucial during the ongoing festive season."
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
FASTag annual pass crosses 25 lakh users with over 5...
Employment rate rises to 5-month high in September
IMF`s GDP upgrade reaffirms India?s robust growth st...
CII, Gati Shakti Vishwavidyalaya sign MoU to develop...
Axis Bank`s Q2 net profit falls 25 pc to Rs 5,557.5 ...
Buy Tube Investments Ltd for the Target Rs. 3,716 by...
Brazil VP Geraldo Alckmin arrives in India for trade...
Esha Deol remembers late Pankaj Dheer, calls him "wo...
Buy Samvardhana Motherson Sumi Ltd for the Target Rs...
Buy Motherson Wiring India Ltd for the Target Rs. 53...
