Comments of Mr. George Alexander Muthoot, Managing Director, Muthoot Finance Ltd on First Bi-Monthly Monetary Policy Statement, 2015-16

Views of Mr. George Alexander Muthoot, Managing Director, Muthoot Finance Ltd

“With the backdrop of positive cues like comfortable liquidity conditions, in-line inflation and pickup in economic activity, we welcome the RBI’s stance to maintain status-quo.

The RBI’s continuous focus on expanding financial inclusion stance is very encouraging for the sector. We expect the rates to come down by second half post the previous two rate cuts to get fully absorbed in the system”.