RBI Rate Cut and GST Tweaks Set Stage for Economic Boost

 Mr. Sadaf Sayeed, CEO, Muthoot Microfin

“With fiscal and monetary policies moving in tandem, the recent 50 bps rate cut by the RBI coupled with GST rationalisation by the government is set to provide a strong boost to India’s economic growth. As rate transmission takes effect, we can expect consumption to rise naturally, further supporting growth momentum.”