Quote on RBI Monetary Policy by Mr. V. P. Nandakumar, MD & CEO at Manappuram Finance
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Below the Quote on RBI Monetary Policy by Mr. V. P. Nandakumar, MD & CEO at Manappuram Finance
“By maintaining status quo, the RBI’s interest rate panel sends out a clear message that any cut in rates or change in stance is not on its table till headline inflation returns to the median target of 4%. However, commentary on economic growth with GDP expansion pegged at 7% for the current fiscal is reassuring since that means credit expansion will continue its momentum and that bodes well for lenders like us”
Above views are of the author and not of the website kindly read disclaimer
