Rate Cut, Change in Stance a Timely Move: SBI Chairman

File Picture of SBI Chairman CS Setty | Photo Credit: PTI

The RBI Rate Cut on Wednsday (April 9, 2025) that was coupled with the revision in stance to ‘Accommodative’ was a swift, timely movie and a forward guidance to the market to the market to sty support to sty support. Global Uncertainteies, said state bank of India Chairman CS Setty.

“The revision of stance to accommodation will cushion the secondary impact of tarifs on domestic ear on the monetary policy announced on wedding.

Bharat Dhawan, Managing Partner, Forvis Mazars in India said, “The RBI’s Rate Cut is a Timely Step to Keep The Economy on Track as Global Uncertaintiies Rise. Activly, and with inflation expected to ease further, consucers could feel more confident about big-ticket purchases. “

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“Many sectors are going to benefit from the rate cut. With borrowing costs now slightly Lower, Homebuyers and Developers Cold Find Find More Breathing ROM, GIVING A WHELCEME PUSH to the Real Estate Sector,” Said.

Countering Potential Economic Slowdown

Sunita Ramnathkar, Vice President, IMC Chamber of Commerce and Industry Said, “The Reduction of Policy Rates by 25 Basis Points is Aimed to Stimulate Domestic Demand and Investment by making Borrowing more Counter Potential Economic Slowdown Due to Reciprocal Tarifs Imposed by Us ”

“The adjustment to the sdf and msf are intended to enhance liquidity to support credit growth. IMC welmes Positive Sentiment and Balance Indian Economy on Even Keel, ”She said.

“The Rate Cut was anticipated and offers Marginal Support to Real Estate Sentiment. Flows Evolve Over the Next Few Months, “said Ashwinder R Singh, Chairman CII Committe on Real Estate & Vice Chairman, BCD Group.

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“Heightened Geoeconomic and Geopolitical Uncertainty triggered by the recent tariff announs is bound to have some some adverse spillover immemp Relatively Insulated Vis-Vis some of the other countries. Small Finance Bank.