New Delhi, June 7: The Reserve Bank of India슬롯사이트™s (RBI) unwavering focus on price stability for a sustainable economic growth would further cement the foundation for a long and robust run for the Indian economy, top trade body Assocham said on Friday.
While the policy stance of the RBI, Monetary Policy Committee (MPC) is on expected lines, the GDP forecasts of 7.2 per cent for the FY 2024-25, along with its resolve to further moderate inflation, are reassuring macro indications which can be leveraged for India remaining in the top league of economic growth among the major economies, said Deepak Sood, Assocham Secretary General.슬롯 머신 사이트 추천RBI Monetary Policy 2024: Voices for Interest Rate Cut Within Reserve Bank of India슬롯사이트™s Rate-Setting Panel Growing.
He said that the RBI's preview of the unfolding supply side metrics also looks promising, especially with regard to food inflation and reviving rural demand, a key catalyst for sustainable growth. 슬롯사이트œStability in rupee on the back of comfortable foreign exchange reserves and improved prospects for global trade provide another positive to the economy,슬롯사이트� said Sood.
RBI Governor Shaktikanta Das said there is a need to keep a watch on the challenging geo-political situation, having an impact on the global supply chain. The Assocham lauded the RBI슬롯사이트™s assurance in the policy statement about staying nimble and flexible in its liquidity management for preserving financial stability in the system.
The industry experts said the first MPC post-election has instilled confidence and stability in the market. With a steady repo rate at 6.5 per cent, the RBI is hinting towards balancing growth and inflation.슬롯 머신 사이트 추천Zerodha CEO Nithin Kamath Praises SEBI for Making Market Safer and Investor-Friendly, Says New Regulation Will Ease Operations at Broker슬롯사이트™s End.
슬롯사이트œAligned with the RBI슬롯사이트™s stance, it슬롯사이트™s imperative to have strong governance, risk management, compliance culture, and customer protection within the sector,슬롯사이트� said Rajiv Sabharwal, MD and CEO, Tata Capital Ltd. Collaboration of regulators and market players is important for the growth and evolution of the financial sector, the experts added.
(The above story first appeared on LatestLY on Jun 07, 2024 05:21 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).