By Dr. Amit Goenka, Chairman and Managing Director of Nisus Finance.
Quote: “The RBI’s decision to maintain the policy rate at 5.25% reflects a measured response to a more uncertain global environment. At a time when the conflict in West Asia and volatility in oil prices are adding pressure to inflation and external balances, policy continuity becomes especially important for sectors with long development cycles, such as infrastructure. The comfort also lies in the fact that India’s infrastructure investment pipeline remains strong with Union Budget capital expenditure for FY27 budgeted at ₹12.22 lakh crore, while system-wide non-food bank credit grew 14.3% YOY as of end-February, and credit to industry rose 13.5%, led in part by infrastructure-linked sectors. In this context, a stable rate environment, alongside predictable liquidity conditions, is critical to sustaining capital flows into infrastructure and other long-gestation assets. For the infrastructure financing ecosystem like ours, this creates a more enabling environment to support opportunities through disciplined and well-structured capital deployment.”
