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Below the Quote on Upcoming RBI MPC Meeting (3rd–5th June) Inputs from Mr. Rohit Arora, CEO & Co-Founder, Biz2X & Biz2Credit

“With inflation slowly becoming stable and the repo rate staying at 5.25% by the RBI, the forthcoming MPC meeting will be extremely important as far as shaping market sentiments considering the current global and local situation. As of now, the current global uncertainty situation, crude oil price fluctuations, and external trade problems are creating risks for both inflation and the overall liquidity environment. On the other hand, it should be mentioned that RBI has noted that the country's economy is still resilient, and there is robust domestic demand in combination with positive banking and financial sector trends along with the rapid development of digital finance. These facts suggest that the policymakers will adopt a balanced approach.

In the case of MSMEs, it is extremely important for business owners to have stable financing and policy conditions in order to manage cost pressures and keep on expanding and adopting new technologies. With any kind of positive signals from the RBI side, financial institutions will become more active in supporting their clients' financing requirements with increased credit growth and capital access for underserved borrowers due to innovative approaches such as AI-enabled lending and other digital innovations.” 

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