The RBI has demonstrated restraint and foresight to strike the right balance between inflation and growth
CII Director General Chandrajit Banerjee
Calibrated policy stance by the RBI is inspiring in the wake of volatile global economic environment and vulnerabilities on the domestic front
PHDCC President
Suman Jyoti Khaitan
We are happy that RBI has taken cognisance of the weak state of the industrial economy and hope that the next move will be in the direction of lowering of policy rates. At this juncture we certainly need to push all buttons to safeguard growth and revive investor sentiment
Ficci President Naina lal Kidwai
RBI Governor should have given a special dispensation of interest rates to exports, which are key to maintaining stability on the external sector parameters like current account deficit
EEPC India President Anupam Shah
There is a strong case for banks to cut lending rates in the wake of ample liquidity in the system. They are sitting on a big cash which should be finding ways into productive investments
Assocham President Rana Kapoor
We welcome RBI’s decision not to hike the Repo and CRR rates and to keep it unchanged as this will stabilise the home loan market and sustain growth in the sector. RBI should take steps to increase fund supply for the sector which will help increase housing stock and stabilise property prices
CREDAI National President
lalit Kumar Jain