2025-02-07 11:59:34 am | Source: PR Agency
Reaction Quote on today`s RBI MPC Announcement by Nikunj Agarwal, Head - Fund Raise, Finance, Alliances, Propelld
Below the Reaction Quote on today`s RBI MPC Announcement by Nikunj Agarwal, Head - Fund Raise, Finance, Alliances, Propelld
"We welcome the repo rate cut by 25 bps to 6.25% which will benefit non-banking financial companies (NBFCs). Reduced rates will increase profit margins of NBFCs and drive more participation in the market. At Propelld, we have been managing assets and liabilities prudently by keeping NPAs at the lowest level."
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Ravi Shastri & Shaina NC arrive at Arjun Tendulkar`s...
Sachin Tendulkar & his family poses for family photo...
Sensex slumps to 10-month low, Nifty slides over 6-m...
Bajaj Hindusthan Sugar leads the gainers of group A ...
EU-India FTA comes as strategic hedge amid new world...
India`s PMI services remain strong in February at 58.1
Aarti Drugs rises as its arm incorporates overseas w...
Bond yields trade higher on Wednesday
Call rates edge higher on Wednesday
HCL Technologies inches up on adding three network a...
