Mumbai, June 5 -- As the Reserve Bank of India's Monetary Policy Committee (MPC) meets in Mumbai, many industry leaders are optimistic about a 25 basis points repo rate cut.
With inflation under control and steady economic growth, experts believe this move could boost credit flow to key sectors such as MSMEs, housing, and healthcare.
Suresh Darak, Founder of Bondbazaar, anticipates a rate cut from 6 per cent to 5.75 per cent, adding that this could support growth while maintaining inflation stability. He also noted that the bond market may see gains as interest rates fall.
Amit Suri of AUM Wealth echoed similar sentiments, suggesting that borrowers consider repaying high-interest loans. He stated that floating-rate home loan EMIs may r...
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