Rate Cut Offers Relief as Inflation Eases and Growth Outlook Strengthens

By – Mr Ashok Mittal, MD & CEO, BillMart Fintech 

“The RBI’s 25 bps rate cut is a much-needed relief at a time when inflation is finally moving closer to the 4% comfort zone. The revised 7.3% GDP projection also shows that India’s growth story is intact and moving strong. For SMEs and MSMEs, this policy will make borrowing easier and improve day-to-day cash flow. We truly value this balanced move because it supports businesses that are the backbone of our economy.”