Quote on RBI MPC reaction by K V Srinivasan, Executive Director and CEO, Profectus Capital Ltd
Below the Quote on RBI MPC reaction by K V Srinivasan, Executive Director and CEO, Profectus Capital Ltd
"The unusual combination of high real GDP growth and historically low inflation has given the RBI a strong reason to cut interest rates and help nudge corporate capital expenditure. This coupled with the steps taken to infuse liquidity through open market operations should augur well for the corporate and the MSME sector by reducing funding costs and boosting profitability"
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