Mumbai: Mr. Y S Chakravarti, MD & CEO, Shriram City Union Finance, said, “ We expect the accommodative stance of the RBI to continue at least for the next 6-8 months, as normalcy returns. Demand for vehicles in 2021 on a yoy basis had improved, however Since Mar-21 demand has been lukewarm. Low interest rates will bring back pent up demand for the 2 wheeler market. For MSMEs, credit cycles have got stretched and low interest rates will benefit cash flows”. 

by Sachin Murdeshwar