RBI MPC Quote by Uttam Tibrewal, Executive Director, AU Small Finance Bank
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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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