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Budget Quotes

Quote by Mr. Shashank Mewada – Chief Financial Officer at Homesfy Realty Ltd on RBI Monetary Policy

Once again, the Reserve Bank of India has demonstrated prudence by maintaining the existing repo rate at 6.5%. This consistent decision of RBI reaffirms its commitment to financial equilibrium and sustainable growth amid economic challenges and global uncertainties while keeping investors and businesses in mind. At the same time, it is making investments across various […]

Budget Quotes

Quote by Mr. Ajit Banerjee, Chief Investment Officer, Shriram Life Insurance on RBI onetary Policy

”The decision to pause along with no change in stance was in line with the market expectation. We feel that the tone is relatively more hawkish than the August Policy keeping in mind the additional emphasis being laid on managing the liquidity position. It seems that the RBI MPC may continue to remain on a […]

Budget Quotes

Quote by Mr. Umesh Revankar, Executive Vice Chairman, Shriram Finance on RBI Monetary Policy

“The MPC’s announcements, especially the maintenance of the benchmark repo rates and continued withdrawal of the accommodative stance was expected given the stickiness of headline inflation. Despite the projection of 5.4% inflation rates for FY23-24, the MPC’s announcements raise hopes of achieving the targeted level of 4%. Hopefully, the upcoming festive season will boost consumption […]

Budget Quotes

Quote of Avneesh Sood, Director Eros Group basis RBI Decision to hold repo rate at 6.5%

“The Reserve Bank of India’s decision to maintain the repo rate at 6.5% during the ongoing festive season is indeed a significant development for the real estate market. It brings much-needed stability and continuity to the interest rates, providing a favorable environment for both prospective homebuyers and existing home loan borrowers. A steady repo rate […]

Budget Quotes

Quote By Mr. Kaushik Mehta, Founder & CEO of RUloans Distribution Pvt Ltd on RBI Monetary Policy

“The recent RBI decision to maintain the repo rate at 6.50%, with a ‘withdrawal of accommodation’ stance, brings promise for new home loan borrowers and others. Stable interest rates instill confidence, reducing the urgency for loan refinancing. As the festive season approaches, this stable rate environment will impact personal and consumer loans, including those for […]

Budget Quotes

Quote BY Mr. Jayaprakash, Chief Growth Officer, Jiraaf on RBI Monetary Policy

“The decision by RBI Monetary Policy Committee (MPC) to leave key policy repo rate unchanged at 6.5% is in line with expectations. While there are still some uncertainties tied to global economic traits, oil reserve levels & price fluctuations and volatile food and energy prices, some amount of easing of overall inflation was observed from […]

Budget Quotes

Quote by Mr. Sanjay Palve, Senior Managing Director, Essar Capital Ltd. on RBI Monetary Policy

“The Reserve Bank of India’s decision to keep the repo rate unchanged at 6.50% and maintain a ‘withdrawal of accommodation’ stance, today demonstrates a responsible approach to monetary policy and aligns with our expectations in this dynamic economic scenario. This constancy offers businesses a clear and stable monetary environment during a period of fiscal challenges […]

Budget Quotes

Quote by Mr. Pankaj Kalra, CEO, EOGEPL on today’s RBI Monetary Policy

“RBI’s Monetary Policy decision reaffirms our resolute commitment to guide India’s economic trajectory. Keeping the key policy repo rate steady at 6.5% underscores our dedication to stability. Despite global uncertainties, fluctuating commodity prices, and geopolitical challenges, we persist in our efforts to ensure economic resilience. Although there are concerns due to the volatility and rise […]

Budget Quotes

Quote by Mr. Rajiv Agarwal, MD & CEO, Essar Ports on today’s RBI Monetary Policy

“RBI’s Monetary Policy rightly focuses on India’s commitment to macroeconomic stability and fundamental growth. The decision to maintain the repo rate unchanged at 6.5% for the fourth consecutive time reflects RBI’s prudent approach in sustaining economic equilibrium, while the 5.4% inflation outlook underscores its dedication to price stability. This will help capital spending and investments […]

Budget Quotes

RBI Monetary Policy quote by Mr. Suresh Khatanhar, Deputy Managing Director, IDBI Bank

‘The decision to keep interest rates unchanged is in line with expectations as inflation management has been on the right track with core inflation having come down by 140 basis points from its recent peak in January 2023. With GDP growth estimates remaining the same at 6.5% for FY 23-24 a linear growth across industries […]