2025-04-09 05:37:36 pm | Source: CoinDCX
Reaction Quote on RBI MPC by Mr. Sumit Gupta, co-founder, CoinDCX
Below the Reaction Quote on RBI MPC by Mr. Sumit Gupta, co-founder, CoinDCX
"We welcome the RBI move to reduce the repo rate by 25 basis points to 6%. In combination with a shift in policy stance from "neutral" to "accommodative," RBI's strategic 25 basis point cut in the repo rate signals a sharp shift towards liquidity promotion, supporting investor sentiment, and faster growth. From the perspective of capital markets, this move can be a strong catalyst, paving the way for better capital flows in both traditional and alternative asset classes.
With exchanges now safe and FIU compliant, crypto assets now pose as a viable alternative for diversification of portfolios in this new environment. Crypto as an asset class is geared up to play an important role in facilitating investors in managing risk and reward as more traditional alternatives like fixed deposits are increasingly less attractive."
With exchanges now safe and FIU compliant, crypto assets now pose as a viable alternative for diversification of portfolios in this new environment. Crypto as an asset class is geared up to play an important role in facilitating investors in managing risk and reward as more traditional alternatives like fixed deposits are increasingly less attractive."
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