2024-02-08 02:43:23 pm | Source: PR Agency
RBI MPC Quote by Uttam Tibrewal, Executive Director, AU Small Finance Bank
Below reaction by RBI MPC Quote by Uttam Tibrewal, Executive Director, AU Small Finance Bank
"RBI’s policy was on expected lines with focus on bringing inflation towards targeted range of 4 per cent. Monetary policy stance and steady rates over last one year have helped maintain healthy growth momentum while lowering inflationary pressures. Going forward we believe as inflation nears RBI’s 4 per cent goal, space for monetary easing would open up in the coming quarters, to support lower interest rates and credit demand.”
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