Kolkata, Feb. 8 -- EEPC India chairman Arun Kumar Garodia on
Thursday welcomed the RBI monetary policy, saying it was largely on expected lines.
" Largely on expected lines, the RBI has kept the repo rate unchanged
at 6.5 percent, thus stabilizing monetary policy,"
Garodia said in a statement.
This will support the ongoing growth momentum being witnessed across
the sectors. The record hike in capex by the central government and a
stable
monetary policy would help the economy grow at 7 pc or higher in FY25, he said.
" The RBI's Monetary Policy Committee (MPC) has been prudent in
maintaining the status quo on key policy rates for the last six
consecutive review meets.
We welcome the latest monetary policy, " Garodia said.
UNI PC KK
Publi...