April 22, 2025
Business

RBI’s Accommodative Stance and Reforms Timely for Growth: Industry

Bhumika Lenka
2 weeks Ago

By – Mr. CS Setty, Chairman, SBI

cs setty

Chandigarh, April 10, 2025:

“The RBI rate cut coupled with the revision in stance to accommodative was a swift, timely move and a forward guidance to the market to stay supportive against evolving global uncertainties. The revision of stance to accommodation will cushion the secondary impact of tariffs on domestic economy. With inflation under check, growth imperatives will take precedence in FY26.

On the regulation side market-based securitization framework for stressed assets, review of policy on gold lending and non-fund-based facility are timely. Widening of co-lending framework gives wider choices to all parties concerned”

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