2025-02-08 03:27:13 pm | Source: PR Agency
Reaction on RBI MPC announcement by Shri. Binod Kumar, MD & CEO of Indian Bank
Below the Reaction on RBI MPC announcement by Shri. Binod Kumar, MD & CEO of Indian Bank
“The RBI's decision to deliver the anticipated 25 basis point rate cut is a welcome move, aligning with market expectations. Maintaining a neutral stance is also in line with the expectations. The MPC's focus on liquidity is a good and heartening thing, reflecting the government and RBI's concern in this area. Given the government's initiatives during the budget and the anticipated increase in household expenditure, we foresee optimistic GDP growth.”
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