By- K. Paul Thomas, MD & CEO, ESAF Small Finance Bank
The key takeaway from today’s MPC decision is the RBI’s continued commitment to price stability while supporting growth. With inflation easing to a 77-month low and domestic growth showing resilience, the central bank has rightly chosen to pause and assess the full impact of the rate cuts delivered earlier this year. The forward-looking approach, coupled with encouraging signs such as a good monsoon, healthy Kharif sowing, and steady consumption demand, provides optimism for sustained macroeconomic stability. The RBI’s emphasis on coordinated monetary, fiscal, and regulatory actions reaffirms confidence in India’s growth trajectory.
