“We commend the Reserve Bank of India for its decision to keep the repo rate at the moderate level of 6.5%, to adequately balance the inflation and development goals of the country. The government’s commitment to ensuring rate stability is a positive step, it will likely maintain growth in the real estate and infrastructure sectors. We are particularly encouraged by the balanced approach on maintaining liquidity and supporting financial institutions, while balancing inflation. With these measures in place, we remain optimistic about the future of India Inc and anticipate a positive impact on the broader economy.”
