RBI Monetary Policy quote by Mr. Suresh Khatanhar, Deputy Managing Director, IDBI Bank
Published on October 7, 2023
“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 to flow in the Ports & infrastructure sector and contribute to the India growth story.”