The 25 bps cut by the RBI to boost the liquidity in the system is a welcome move – Mr. George Alexander Muthoot, MD, Muthoot Finance

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New Delhi, October 07, 2016: “The 25 bps cut by the RBI to boost the liquidity in the system is a welcome move. We expect it will support the economy’s investment demand and uptick in credit environment. A relief on the cost of funds is awaited eagerly by the corporate India, which should help them to improve financial health and plan for the next leg of growth. With the pro-growth stance of the RBI, it gives a clear hint to India Inc to push for growth, take investment decisions as it can now foresee rates to soften further.

Corporate Comm India(CCI Newswire)