Views on RBI Policy impact on MSMEs- FlexiLoans NBFC Backed by Ritesh Jain, Co-Founder of Flexiloans.com
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Below the Views on RBI Policy impact on MSMEs- FlexiLoans NBFC Backed by Ritesh Jain, Co-Founder of Flexiloans.com
RBI latest monetary policy decisions are set to significantly benefit MSMEs by maintaining the repo rate at 6.5% and projecting a robust GDP growth of 7.2% for FY25. This reflects strong domestic demand and favorable economic conditions, offering MSMEs expanded market opportunities and financial stability. Additionally, the RBI’s push for digital payments includes integration of UPI Lite into the e-mandate framework to facilitate small-value transactions and allow automatic wallet replenishment when balances fall below set thresholds. This will boost digital payments and reduce transaction costs, thereby enhancing operational efficiency and cash flow management for MSMEs.
The RBI’s policy update provides a stable and supportive outlook for MSMEs and NBFCs. By maintaining the repo rate and projecting higher growth, the RBI reinforces its commitment to fostering a balanced and resilient economic environment. This sets a strong foundation for continued economic development and financial stability, crucial for the growth and success of MSMEs and the broader financial sector.
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