Views on RBI MPC by Dr. HP Singh, CMD, Satin Creditcare Network Ltd

Below the Views on RBI MPC by Dr. HP Singh, CMD, Satin Creditcare Network Ltd
"RBI’s move to reduce Repo Rate by 50 bps sends a strong signal of the regulator’s confidence on the overall sound macroeconomics of India. With inflation under control, this move will translate into meaningful cost benefits for the end-consumers. We believe, a 100 bps cumulative rate cut in 2025 so far, will set the momentum for a recovery in rural demand and enhance credit affordability for our rural borrowers. At Satin Group, we serve Bharat with over 33 lakh clients across 529 districts. We’re not just disbursing microloans; we’re unlocking access to MSME finance, affordable housing as well. This accommodative stance from the RBI aligns with our broader commitment of expanding credit responsibly across the rural economy and thereby contributing to the vision of Viksit Bharat."
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