09-10-2024 04:13 PM | Source: Waterfield Advisors
Quote on Monetary Policy Committee Meeting Outcome by Vipul Bhowar, Senior Director, Listed Investments, Waterfield Advisors
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
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
Latest News
CM Saha shares experience of celebrating Maha Ashtam...
CM Shinde inaugurates Chheda Nagar flyover
.jpg)
Reliance Polyesters President praises collaboration ...
Actor Sayaji Shinde joins NCP (Ajit Pawar Faction) a...
Preparations for Dussehra celebrations in full swing...
Vikas Saptah: Gujarat pioneering enhanced healthcare...
Prime Minister Narendra Modi arrives in Delhi after ...
Noel Tata appointed as new chairman of Tata Trusts a...
Shivraj Chouhan and his wife organise `Kanya Bhoj` a...
UP CM Yogi Adityanath performs `Kanya Pujan`at Gorak...
More News
Perspective On GDP Data by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International
RBI MPC reaction : RBI was anticipated to leave the repo unchanged By Mr. Raghvendra Nath, Ladderup Wealth Management Pvt. Ltd
Perspective on GDP Data by Ms. Ms. Rajani Sinha, Chief Economist, Emkay Global Financial Services
The Monetary Policy Committee of the Reserve Bank of India decided to maintain the status quo Says Ms Palka Arora Chopra, Maste...