Quote on RBI MPC Policy by Mr. Sudipta Roy, Managing Director & CEO, L&T Finance Ltd
Below the Quote on RBI MPC Policy by Mr. Sudipta Roy, Managing Director & CEO, L&T Finance Ltd
“Monetary Policy announcements this morning are along the expected lines with reassurances on domestic economic resilience and continued policy support. RBI’s messages on its dynamic and preemptive approach in liquidity management should help ease recent pressure on cost of funding. Sector specific steps like doubling of collateral free loan limit for MSMEs and boosting long term funding for Real Estate sector via REITs is a big positive for credit landscape in the economy. Growth push evident in both fiscal and monetary policy announcements this week.”
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