Quote on RBI MPC Policy by Ritu Prakash Singh, Senior Economist and Head - MSME Research, U GRO Capital
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Below the Quote on RBI MPC Policy by Ritu Prakash Singh, Senior Economist and Head - MSME Research, U GRO Capital
The Reserve Bank of India forecasting a robust GDP growth of 7.2% for FY25 indicates strong domestic demand and favorable economic conditions, providing MSMEs that are the important cornerstone of the Indian Economy with expanded market opportunities and financial stability. The Banking Sector & NBFCs have shown strong financials in FY24, supported by improved asset quality and increased profitability. The RBI's latest policy update provides a stable and encouraging outlook for MSMEs and NBFCs.
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