Industry is certainly disappointed over the increase in repo rate. The kind of inflation we are witnessing in India is more of a supply side phenomenon. While raising interest rates would have little impact on such inflation, it will certainly penalise Indian industry that is already in the midst of a slowdown
— Didar Singh
Ficci Secretary General
The rise in repo rate has come as a disappointment to industry especially as the investment climate continues to be weak and growth outlook remains muted as a high interest rate regime deters consumption and investment demand
— Chandrajit Banerjee
CII Director General
Unsettled global economic outlook and tight monetary stance by RBI will hit investments and growth revival process in the country
— Suman Jyoti Khaitan
President of PHD Chamber of Commerce
The policy makers should put their brains together, find solutions how on one hand they can check inflation and on other hand keep growth momentum going and prevent the situation from worsening
— CREDAI Chairman
lalit Kumar Jain
Revising the marginal standing facility rate by 25 basis points from 9 per cent to 8.75 per cent will not be very effective in easing out the tight liquidity condition
— A Sakthivel
AEPC Chairman
MSF cut marks a cumulative rollback of 150 bps by the RBI over the last six weeks. With repo rate also getting calibrated, the monetary policy has now migrated towards a neutral backdrop from an unconventionally tight framework which was instituted since mid July 2013 to curb exchange rate pressures
— Rana Kapoor
Assocham President