George Alexander Muthoot, MD, Muthoot Finance.
“The RBI’s decision to maintain status quo is well within our expectation given the current economic conditions. We believe that the RBI has taken a more cautious approach keeping in mind the prevailing inflation pressure and rising food prices. This approach is more of tightening the systemic liquidity until the inflation rate normalizes.
We expect further rate cuts to come our way if the inflationary pressures are well under control.”
