Reaction on RBI MPC by K V Srinivasan, Executive Director and CEO, Profectus Capital Private Limited

Below the Reaction on RBI MPC by K V Srinivasan, Executive Director and CEO, Profectus Capital Private Limited
"The RBI's reduction in the policy rate by 25 bps is in line with market expectations and, coupled with the measures taken by them to infuse more liquidity, should signal good times for MSMEs. With much greater competition and global uncertainties, investment in up-to-date machinery is critical to maintaining our competitive edge. The cost of debt has been high in the past couple of years, and the signal towards a benign rate scenario should encourage MSMEs to plan capital investment."
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