Views on Monetary Policy - Mr. George Alexander Muthoot, MD - Muthoot Finance Ltd

Views of Mr. George Alexander Muthoot, Managing Director, Muthoot Finance Ltd

"The policy stance is in alignment with the industry expectations and current economic conditions. Moreover, robust second quarter GDP numbers clearly suggest that the economy is in early stages of recovery. With this, we expect RBI to focus on implementation of rate cuts by banks to ensure faster transmission of rate cuts to the end borrowers. With 125 bps rate cut already done till now, we expect a further cut of 25 bps in the next quarter."

Source : Equity Bulls

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