Abhimanyu Munjal, MD & CEO, Hero FinCorp
“The RBI’s decision to hold the repo rate at 5.25% reinforces policy continuity amid mixed global signals. The neutral stance strikes a calibrated balance between supporting growth and maintaining inflation discipline, providing much-needed visibility for NBFCs and the broader financial ecosystem.
For NBFCs, this stability enables more confident credit planning and disciplined risk-taking, particularly in underserved and emerging segments. With credit demand evolving across retail and MSME sectors, a predictable rate environment will be critical in sustaining momentum. The sector is also seeing improvement in operating metrics, including system-level NPAs, indicating a stronger underlying foundation.
Overall, the RBI’s measured approach reflects a pragmatic alignment with global externalities at this point in time, while ensuring the financial economy remains robust and the growth impetus of the economy stays on track.”
