Mr. Aalesh Avlani, Founder, Credit Wise Capital on RBI MPC Policy Announcement

“The RBI’s decision to keep the repo rate unchanged is expected to provide a much-needed boost to the NBFC sector and gives clarity on the overall direction the RBI is heading towards. This allows financial planning and maintaining borrowing costs not just for financial institutions but also for retail customers who have seen their EMIs rise significantly. Therefore, the pause button on the repo rate hikes should support the existing growth momentum in the NBFC sector.”